What is a buying plan and why is it important?

When considering total depreciation recorded over the entire life span of an asset, the method resulting in the highest total de

Lady_Fox [76]

Answer: All three methods result in the same amount of total depreciation

Explanation:

Depreciation is when the value of an asset has been reduced because the asset has been used or due to wear and tear.

When considering total depreciation recorded over the entire life span of an asset, the method resulting in the highest total depreciation is the straight line method, the double declining balance method, and the activity method.

Therefore, option the answer will be that "all three methods result in the same amount of total depreciation". This is because the amount charged for depreciation can not exceed the cost involved and will be identical for the three methods

4 0

3 years ago

Using an ICD-10-CM code book, assign code(s) for the following diagnosis: Alcohol induced delirium tremens

kobusy [5.1K]

The ICD 10-CM code for Alcohol induced delirium tremens is F10. 921.

It should be noted that ICD 10-CM simply refers to the international classification of diseases.

In this case, the ICD 10-CM code for Alcohol induced delirium tremens is F10. 921.

Learn more about ICD 10-CM on:

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8 0

2 years ago

The depreciation tax shield is best defined as the:

lesantik [10]

Is best defined as the amount of tax that is saved because of the depreciation expense.

7 0

3 years ago

On January 1, 2021, Wooten Technology Associates sold computer equipment to the Denison Company. Delivery was made on January 1,

lubasha [3.4K]

Answer:

$1,157 rounded to the nearest whole dollar

Explanation:

4 0

2 years ago

1. Consider two countries, France and Russia, and two goods, wine and vodka. Assumethat in both countries, both wine and vodka a

padilas [110]

Answer:

France and Russia

Purchasing Power Parity (PPP):

a) Ratio of the dollar-price of vodka in France relative to the dollar-price of vodka in Russia = 2:1

b) For relative PPP to hold, the expected inflation rate in South Africa must be 0.06

Explanation:

a) Data and Calculations:

Wine in France = Vodka in Russia

Dollar price of wine in France = 1

Dollar price of wine in Russia = 2

Ratio of the dollar-price of vodka in France relative to the dollar-price of vodka in Russia = 2:1

b) This means that if the price of vodka in Russia is $1 per bottle, for instance, the price of vodka in France will be equal to $2 per bottle.

c) Data and Calculations:

Expected inflation rate in Australia = 0.02

Expected currency appreciation of Australian dollar against that of South Africa = 0.04

For relative PPP to hold, the expected inflation rate in South Africa must be 0.06 (0.02 + 0.04).

d) France and Russia's absolute purchasing power parity will hold when the purchasing power of Francs is exactly equal in France's domestic economy and in the Russian economy, once it is converted into the Russian ruble at the market exchange rate. For our example, the relative purchasing power parity (RPPP) states that exchange rates and inflation rates (price levels) in Australia and South Africa should equal out over time.

3 0

3 years ago