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likoan [24]
3 years ago
8

The major difference between the service life of an asset and its physical life is thata. service life refers to the time an ass

et will be used by a company and physical life refers to how long the asset will last.b. physical life is the life of an asset without consideration of salvage value and servicelife requires the use of salvage value.c. physical life is always longer than service life.d. service life refers to the length of time an asset is of use to its original owner, whilephysical life refers to how long the asset will be used by all owners.
Business
1 answer:
NikAS [45]3 years ago
5 0

Answer:

A. service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.

Explanation:

A company might buy a copy machine that stays in excellent working order for 10 years, but slowly starts breaking down after 10 years so they sell it at a used office equipment sale. Someone else buys it at a discount and uses it for 2 more years before it completely stops working. It's service life was the 10 years that the original company used it, and it's physical life is the 12 years that it lasted before totally breaking down.  

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1 year ago
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Answer:

authorized 100,000

issued 70,000

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Explanation:

The amount authorized doesn't change unless the company start  the legal procedure to do it.

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Te outstanding shares are the mount in the market, that will be the issued shaes less the treasury stock, which are shares in the company's possesion.

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3 years ago
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Answer:

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The escrow is responsible for the safe keeping of the funds, in order to avoid any type of loss or fraud.

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