Answer: Depreciation expense reflects the decrease in market value each year.
Explanation:
Depreciation is the decrease in the value of an asset due to the passage of time. Overtime, the value of machineries reduce as a result of usage. Depreciation is therefore the reduction in the value of assets. Depreciation is also the method used tin reallocating the cost of a tangible assets over its useful life span. Firms depreciate assets for accounting and tax purposes. The reduction in the value of an asset has am effect on the balance sheet of an entity.
The answer to the question is the second option. Depreciation does not have anything to do with the market value. Other options are correct except for the second option which states that depreciation expense reflects the decrease in market value each year.
Answer:
13 Home games
Explanation:
A season pass cost for home games =$175
Individual ticket per game =$14
For season pass to be less than total home game tickets
i.e $175 must be than ($14 X Homegames )
i.e 175 = 14XHG
HG= 175/14=12.5 Approx. 13 games
Total cost of 13 games is ($13X14)=$182. {$175 is less that $182}
Ardim must attend 13 games.
Answer:
The best method of distributing the resources is Equity.
Explanation:
Under the equity method of distribution, the resources are paid on the basis of their performance. This method focuses on the performance of the employees. More the hard work more will be the bonus. It is a fair method of distribution of resources.
An operating agreement is required for a limited liability company to exist, but it need not be in writing.
A limited liability company's (LLC) operating agreement is a crucial document that outlines the company's financial and operational decisions, as well as its rules, laws, and requirements. The document's goal is to regulate the company's internal operations in a way that meets the unique requirements of the owners, referred to as "members," of the company. The limited liability company's members are legally obligated to abide by the conditions of the instrument once they have signed it. Only three states—California, Missouri, and New York—have laws requiring an operating agreement. The state's default norms, established by state court decisions and found in the applicable statute, apply to LLCs operating without an operating agreement.
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Answer:
d. 1.753 pesos/krone
Explanation:
The computation of the received pesos for exchange is shown below
Received pesos = Exchange value of one U.S dollar for Mexican pesos ÷ Exchange value of one U.S dollar for Mexican pesos
= 10.875 ÷ 6.205
= 1.753 pesos/krone
It shows a relationship between the Exchange value of one U.S dollar for Mexican pesos and the Exchange value of one U.S dollar for Mexican pesos so that per pesos/krone can come
