1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivann1987 [24]
3 years ago
6

Which of the following relationships between book value and cash received at sale results in a loss on the sale of a long-term d

epreciable asset?
a. Book value is greater than cash received.
b. The determination of a gain or loss does not involve the book value.
c. Book value is less than cash received.
d. Book value is equal to cash received.
Business
1 answer:
creativ13 [48]3 years ago
8 0

Answer:

a. Book value is greater than cash received.

Explanation:

Book value of an asset is the cost of an asset less accumulated depreciation

Cash received is the price the asset is sold for.

If the asset is sold for less than its book value, it is sold at a loss

If an asset is sold for more than its book value, it is sold at a gain

You might be interested in
A firm has a debt-to-equity ratio of .5 and a market-to-book ratio of 2. What is the ratio of the book value of debt to the mark
ahrayia [7]

Answer: 0.25

Explanation:

The The debt-to-equity ratio is calculated when the total liabilities of w company is divided a by the shareholder equity while the book-to-market ratio is used to know a company's value by comparing the book value of the company to its market value.

Since the firm has a debt-to-equity ratio of .5 and a market-to-book ratio of 2. The ratio of the book value of debt to the market value of equity will be:

= 0.5/2

= 0.25

5 0
2 years ago
Home-Baked Bread Company hires Ike to sell the company’s products in a certain area. Home-Baked Bread agrees to pay Ike a salary
Vaselesa [24]

Answer: The control the company has over Ike's job details.

Explanation:

The Home-baked bread company and Ike share something in common which is the fact that Ike is an employee of the company and also he is to be paid by the company.

As an employee of the bread company, they still control Ike's job role and can decide to vary or maintain his current job role depending on what the company desires to achieve. Also if he doesn't meet up to some target he can still be laid off, due to the fact that he is still on his trial period.

3 0
3 years ago
You want to determine the upper control line for a p-chart for quality control purposes. you take several samples of a size of 1
lana66690 [7]
The answer to this is 0.08 hope that this helped
7 0
2 years ago
Considering your program options is step _______________ of the planning process.
gizmo_the_mogwai [7]
Considering your program options is STEP TWO of the planning process. 
The planning process is made up of five steps, which are:
1. determine your personal goals
2.consider your program options
3. Set SMART goals; that is, let your goals be specific, measurable, attainable, realistic and timely 
4.Structure your program and document it
5. Keep a log and evaluate your program.
4 0
3 years ago
An active worker receives $500 every two weeks. This kind of monetary reward for work is called ______.
dezoksy [38]
The correct answer for the question that is being presented above is this one: "Salary." An active worker receives $500 every two weeks. This kind of monetary reward for work is called salary. Salary is the amount of money that you get after a certain kind of labor is done.
4 0
3 years ago
Other questions:
  • Question 6 (10 points)
    10·1 answer
  • A venture capitalist, willing to invest $1,000,000 , has three investments to choose from. The first investment, a software comp
    14·1 answer
  • Sectoral shifts, frictional unemployment, and job searches Suppose the world price of steel falls substantially. The demand for
    8·1 answer
  • Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for
    10·1 answer
  • In year 1, Rim Corporation purchases 1,000 shares of treasury stock for $10 per share. In year 2, Rim reissues 100 shares of the
    6·1 answer
  • Which of the following is a function of a commercial bank? *
    15·1 answer
  • Sal’s satellite company broadcasts TV to subscribers in Los Angeles and New York. The demand functions for each of these two gro
    9·1 answer
  • Jonathon works for a U.S. company that doesn't produce goods domestically, but instead buys them from other countries and resell
    15·1 answer
  • The ________ method of developing a pro forma income statement forecasts sales and values for the cost of goods sold, operating
    6·2 answers
  • A monopolistically competitive firm is one:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!