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2 years ago

The total cost of an asset less its accumulated depreciation is called:

1 answer:

7 0

Total cost of asset less depreciationThe book value of an asset is the original cost of the asset less its accumulated depreciation. At the end of year three, for example, total accumulated depreciation equals $7,080, and the book value equals $5,720.

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Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, an

kvv77 [185]

Answer:

Raw Material (Dr.) $4,900

Accounts Payable (Cr.) $4,900

Factory Labor wages (Dr.) $1,400

Cash (Cr.) $1,400

Additional Overheads (Dr.) $1,300

Accumulated Depreciation (Cr.) $800

Accounts Payable (Cr.) $500

Explanation:

Work in process inventory (Dr.) $5,750

Manufacturing Overhead (Cr.) $5,750

Finished Goods Inventory (Dr.) $20,600

Work in process inventory (Cr.) $20,600

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2 years ago

The expression below shows a number in expanded form. What is the standard form of the number?(2×10)+(3×one tenth)+(9×one hundre

Colt1911 [192]

7,920.3 is my answer

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3 years ago

Industrialized former colonial states that dominate the world economic system are?

Verizon [17]

Industrialized former colonial states that dominate the world economic system: Core Countries

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1 year ago

Kennedy, Inc. reported the following data:

Degger [83]

Answer:

The cash flows from operating activities section of the statement of cash flows using the indirect method is $172,475.

Explanation:

Kennedy, Inc.

Statement of cash flows (extract)

Net income $179,562

Add: Depreciation expense 15,511

Loss on disposal of equipment 11,046

Less: Gain on sale of building (21,801)

Increase in accounts receivable (8,734)

Decrease in accounts payable (3,109)

Cash flows from operating activities $172,475

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3 years ago

The process for motivating employee performance in which the manager and employee jointly set objectives for the employee, the m

antoniya [11.8K]

Answer:

The correct answer is: Management by Objectives (MBO).

Explanation:

Management by Objectives (<em>MBO</em>) is a process in which a manager an employees agree on specific performance goals and then develop a plan to reach those goals. First outlined in Peter Drucker's 1954 book "<em>The Practice of Management</em>", MBO ensures better employee participation and commitment while aligning objectives throughout an organization.

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3 years ago