•The earth weighs-5.972 × 10^24 kg
•The sun is 94.079 million miles away
•A black hole is a region of spacetime where gravity is so strong that nothing—no particles or even electromagnetic radiation such as light—can escape from it.
•Airplanes fly because they are able to generate a force called Lift which normally moves the airplane upward. Lift is generated by the forward motion of the airplane through the air. This motion is produced by the Thrust of the engine.
•Flies need sticky feet to walk on ceilings, but not so sticky that they get stuck upside down. So each foot comes with a pair of claws that help hoist the gooey foot off the wall. Flies use several different techniques to get unstuck: pushing, twisting, and peeling its footpads free
•rainbows are made by the refraction of light particles
•sharks are not mammals since they are cold blooded
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.
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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
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