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ale4655 [162]
2 years ago
11

What is the name for the decrease in value of a fixed asset as it gets used and worn out over time?

Business
2 answers:
andre [41]2 years ago
8 0
Depreciation is the name
bonufazy [111]2 years ago
6 0

Answer:

Depreciation

Explanation:

This is the constant drop in the values of an asset over a given period of time.  With depreciation, the efficiency and effectiveness of such asset withers.

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Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of busines
goblinko [34]

Answer:

                                         ADJUSTED BOOK BALANCE

Bank balance              $59,549      Book balance         $61,709

+ Deposit in transit      $4,250        Interest earned          $33

- Outstanding checks  <u>$2,075</u>        Bank service fees      <u>$18</u>

Adjusted book             <u>$61,724</u>                                    <u>$61,724</u>

balance

8 0
2 years ago
Which of the following statements comparing debit cards to credit cards is TRUE?
djverab [1.8K]
Using a credit card is like borrowing money, while debit cards let you draw directly from your bank account
8 0
2 years ago
Read 2 more answers
The forecast for your company’s headquarters predicts the area hit head on by a hurricane,. The company sends you to their cold
zubka84 [21]

Answer:

The correct answer is <em>The site will have all of the company’s applications.</em>

Explanation:

It is the only way to ensure a minimum or zero level of inactivity, because otherwise people will not have the necessary tools to execute their work.

It is hardly obvious that due to the nature of the tasks it is impossible to try to adapt a space that is not adequate to execute them, since the conditions must be the necessary ones to guarantee it.

5 0
3 years ago
Allocative efficiency occurs:
jonny [76]

Answer:

a. Anywhere inside or on the production possibilities frontier.

Explanation:

In an economy, the allocative efficiency may be defined as the economic state where the production of various goods or services is aligned with the preferences with the consumers.  

The allocative efficiency always materializes at the intersection of the supply curves and the demand curves.

On the \text{equilibrium point,} the price for a supply \text{exactly matches} with the demand for the product \text{for that supply} at that price, and thus all the products are sold.

It occurs anywhere on the production possibilities frontier or on the inside of the frontier.

Therefore, the correct option is (a).

5 0
2 years ago
A financial ratio by itself tells us little about a company since financial ratios vary a great deal across industries. There ar
Sergio [31]

Answer:

When doing time trend analysis for financial ratios we can know how a company's ratio's have changed over time or if they have remained the same, so for example if a company's current ratio was less than 1 a year ago and is 3 now it means that the company was not very liquid a year ago but since then has made changes because of which it is liquid now, so we can see how a company has performed over a certain period of time.

On the other hand peer group analysis tells us how a company is performing compared to other companies in the same industry. For example if our cement company has a profit margin of 7% but the industry average is 15% we know that our company is doing something wrong  or different as compared to the industry and we can look into it.

Explanation:

3 0
3 years ago
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