TRUE, the cost of a plant asset includes depreciation expense disposal cost purchase price cost to prepare it for use.
The monetary value of an asset decreases over the years because of use, wear and tear or obsolescence. This lower is measured as depreciation. Description: Depreciation, i.e. a lower in an asset's cost, can be as a result of some of other factors as nicely including detrimental market conditions, and so on.
Depreciation represents the predicted discount in cost of a hard and fast property within a fiscal yr. Tangible belongings, along with homes, systems, cars and so forth, are purchased in massive lump sums.
An example of Depreciation – If a shipping truck is purchased by using a business enterprise with a fee of Rs. 100,000 and the expected usage of the truck are five years, the commercial enterprise may depreciate the asset under depreciation cost as Rs. 20,000 every 12 months for a duration of 5 years.
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In order to obtain a
learners permit, teen drivers are required to pass a written test. Typically
they will prepare for this exam by completing a drivers education course.
Though not a requirement in all states, drivers ed is the easiest way to be
thoroughly prepared for the complicated driving laws and scenarios you’ll face
on the permit exam. Once you pass your permit test and earn a permit, there may
still be certain restrictions attached to this provisional license — such as
requiring a licensed driver over a certain age to be seated in the passenger
seat, limiting your driving to daylight hours, and other state-mandated rules.<span>
General United States Permit Requirements
While each state has its own set of guidelines, in
general, teens between 14 and 18 years of age can start the drivers
education and learners permit process. Once a teen driver has obtained a
learners permit, there are additional state-specific requirements they must
meet before they can apply for their drivers license.
<span>Before obtaining a learners permit in any state, a
teenager is required to pass a driving knowledge test. Drivers education is the
best way for a teen to prepare for this exam, whether the state requires it or
not. In some cases, passing a drivers ed final exam can substitute for the
written exam. No matter how the test is taken, students must pass with at least
a 70% or higher, depending on that state’s minimum. Once he or she passes, a
teen driver will be issued a learners permit. Some states require teen drivers
to have a permit for a minimum of 6 months before they can take their drivers
license exam.</span></span>
Answer:
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Explanation:
Answer:
b. Overstate operating income
Explanation:
According to my research on business financing terms, I can say that based on the information provided within the question the impact of this would be an overstated operating income. This refers to a balance that is documented as having more money than it actually has. This would be the case since the payroll payments have not yet been subtracted.
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Answer:
IRR = 3.64%
Explanation:
using a financial calculator or excel spreadsheet we can determine the IRR of this investment:
year 0 = -$15,000
year 1 = $0
year 2 = $0
year 3 = $0
year 4 = $5,000
year 5 = $6,000
year 6 = $7,000
IRR = 3.64%
Since your required rate of return is 12%, you should pay a maximum of $10,128.57