Answer:
False
Explanation:
Within the relevant range of activities, total fixed costs remain constant and fixed costs per unit decrease as total output increases. Total variable costs vary depending on total output, but variable costs per unit should remain constant.
On a long term basis, all costs are variable, that is why it is important to consider the range of activities, i.e. output levels.
Answer:
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Answer:
$4366.67
Explanation:
Given: Asset book value on july 1, year 3= $57800
Salvage value= $5400
Useful life left= 6 years.
Now, computing the depreciation expense under straight line method.
Formula; Depreciation= 
Useful life in months= 
Next, Depreciation expense= 
∴ Monthly depreciation expense= $ 727.77
Depreciation expense for last six months of year 3= 
∴ Depreciation expense for last six month of year 3 is $4366.67.
Answer:
True
Explanation:
Quizlet: Name three common types of checking account? basic checking account, interest-banking checking account, and Lifeline checking accounts.
Shareholders' equity is equal to net fixed assets minus long-term debt plus net working capital.
Shareholders' equity refers to the amount owners of a company have invested in the said company:
- Shareholders' equity includes the money they've directly invested and the accumulation of income that has been accrued in the name of the company as earned since the start of the investment and reinvestment.
- It refers to the ownership of assets that may have liabilities or debts connected to them.
- Shareholder's equity is equal to the net fixed assets of the company subtracted from the long-term debt and added to the net working capital.
- Another way to ascertain shareholders' equity is by subtracting total assets from total liabilities.
Therefore, shareholders' equity is equal to net fixed assets minus long-term debt plus net working capital.
Learn more about shareholders' equity here: brainly.com/question/14032844
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