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ANTONII [103]
3 years ago
13

In the straight line method the yearly percentage of cost lost through accured depreciation is found by

Business
1 answer:
alexandr402 [8]3 years ago
8 0

Answer:

Cost of asset less expected residual value /Expected useful life (years

Explanation:

Where the depreciable amount is charged in equal amounts to each reporting period over the expected useful life of the asset, this method of calculating depreciation is known as straight line method.

The yearly percentage of cost lost through accrued depreciation in straight line method is found by following formula:

Cost of asset less expected residual value /Expected useful life (years)

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Answer:

C- $3,400

Explanation:

The Karla Salons has leased equipment from Smith Co. in a finance lease. The Smith Co will record the interest receivable from the Karla Salons in its income statement. The Karla Salons will record lease obligations in its balance sheet. Under the new ASU, the interest revenue which Smith Co. will record in its income statement is $3,400 for the year 2016.

5 0
3 years ago
Which of the following assessments of electronic retailing is most accurate? a. The line between electronic retailing and tradit
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Answer:

The correct answer is letter "A": The line between electronic retailing and traditional retailing is blurring as traditional retailers go online.

Explanation:

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4 0
3 years ago
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Answer:

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8 0
3 years ago
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den301095 [7]

Answer: That class ain't for you vro.

Explanation:

7 0
3 years ago
"All three levels are required to run an organization or a business smoothy"Justify the statement.​
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