The book value of a machine, as shown on the balance sheet, is not relevant in a decision concerning the replacement of that machine by another machine: TRUE
<h3>
What is the book value?</h3>
- Book value is the worth of an asset based on its balance sheet account balance in accounting.
- The value of an asset is determined by subtracting the asset's original cost from any depreciation, amortization, or impairment expenses.
- Traditionally, a company's book value is equal to its total assets minus intangible assets and liabilities.
- In practice, however, depending on the source of the computation, book value may include either goodwill or intangible assets, or both.
- The value inherent in its employees, which is part of a company's intellectual capital, is always overlooked.
- When intangible assets and goodwill are specifically omitted, the indicator is frequently defined as "tangible book value."
Therefore, the statement "the book value of a machine, as shown on the balance sheet, is not relevant in a decision concerning the replacement of that machine by another machine" is TRUE.
Know more about Book Value here:
brainly.com/question/23057744
#SPJ4
Complete question:
The book value of a machine, as shown on the balance sheet, is not relevant in a decision concerning the replacement of that machine by another machine. (Ignore taxes.) TRUE or FALSE
The equation : y=3x-5
<h3>Further explanation
</h3>
Straight-line equations are mathematical equations that are described in the plane of cartesian coordinates
General formula
y-y1 = m(x-x1)
or
y = mx + c
Where
m = straight-line gradient which is the slope of the line
x1, y1 = the Cartesian coordinate that is crossed by the line
c = constant
The formula for a gradient (m) between 2 points in a line
m = Δy / Δx
<span>This is called "The capture theory" which states that the Earth's Moon was captured by the gravitational pull of our planet, meaning that it formed elsewhere, and then was pulle dinto place by the Earth, already formed. This would rely upon the ideas that a asteroid pased close enough to the Earth's orbit to be "captured".</span>
