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r-ruslan [8.4K]
3 years ago
6

Multiple Choice Is an outflow of cash from the use of a plant asset. Is applied to land. Measures the decline in market value of

an asset. Measures physical deterioration of an asset. Is the process of allocating the cost of a plant asset to expense.
Business
1 answer:
azamat3 years ago
5 0

Answer:

Is the process of allocating to expense the cost of plant asset.

Explanation:

Depreciation is an expense indicating a decline in the value of the capital assets due to tear and wear, obsolescence, consumption, time span, etc. It's shown on the income statement debit side. It is a non-cash item which has no effect on the cash balance.

Moreover, it is to charged over the specified number of useful life so that proper amount of the depreciation should be recorded in the books of accounts

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Type the correct answer in the box. Spell all words correctly. Jason is the marketing head at his company. He was working on the
nikdorinn [45]

Answer:

Finance department.

Explanation:

6 0
3 years ago
Read 2 more answers
Which of the following would be entitled to unemployment compensation? a. Jan, who quit her job to attend school full time. b. J
stira [4]

Answer:

B. Jack, who was fired for being tardy for work too often.

Explanation:

Unemployment compensation also known as Unemployment benefit or unemployment insurance is a benefit being arranged by the state government to pay unemployed workers who have lost their jobs due to mass layoff, individual layoff or retrenchment. The main objectives of this benefit is to provide income for the jobless person till they are gainfully employed in another corporation, government organisation or Private institution.

From the Question, Individual from answer A, C and D did not lost their job but rather resign intentionally, they are not qualify to have access to Unemployment compensation, although another class of compensation may be arrange to cater for their joblessness by the state.

5 0
3 years ago
Zooey is a single mother of two young children whose husband died in a tragic car accident. She earns $20,000 per year working a
dalvyx [7]

Answer:

b. She receives $10,000

Explanation:

Taxes owed = (1/4 of income) - $15,000.

Taxes owed = (1/4 x 20,000) - $15,000.

= 5,000 - 15,000 => -10,000

Hence, she receives $10,000 from the government.

A negative income tax is a system where people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government.

8 0
2 years ago
Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,110,00
Ksivusya [100]

Answer:

$1,83,000

Explanation:

Sales = 4,535,000

Cost of goods sold = $2,560,000

Operating expenses  =  $1,382,000

Average total assets = $4,110,000

Net Income =  Sales - Cost of goods sold -  Operating expenses

= $4,535,000 - $2,560,000 -  $1,382,000

=  $5,93,000

Target income = 10%  of Average total assets

= 0.10 × $4,110,000

= $410,000

Thus,

Residual income = Net income - Target income

= $5,93,000 - $410,000

= $1,83,000

7 0
2 years ago
A fully discrete whole life insurance policy paying $50,000 at the end of the year of death is issued to an individual age 36. T
DerKrebs [107]

Answer:

Our P = 17540 $

Explanation:

Amount of Insurance Policy = 50000$

premium reserve at 10th Year = 8000$

Net Premium for the policy = 900$

Annual Interest Rate = 6%

Net Premium at the age of 46 = ????

900 * 10 years = 9000$

9000 + Interest rate @ 6% = 9540$

Net Premium + Premium reserve of 10 Years = 9540 +8000 = 17540$

P = 17540 $

Note: As similar policy have interest rate @ 6%,which is paid every year,

At the age of 46, Net premium reserved amount also will be recovered.

6 0
3 years ago
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