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scoundrel [369]
4 years ago
11

Depreciation, in accounting, is a process that results in: Multiple Choice an accurate measurement of the economic usefulness of

an asset. depreciable assets being reported in the balance sheet at their fair value. accumulating cash for the replacement of the asset.
Business
1 answer:
Vikki [24]4 years ago
8 0

Answer:

spreading the cost of an asset over its useful life to the entity.

Explanation:

The depreciation is a non-cash expense that should be charged over the fixed assets i.e. land, buidling, car, etc

It is an expense so the same should be shown on the debit side of the income statement

Also the cost of an asset minus the salvage value divided by the useful life could be spreaded as the depredciation expense by using straight-line method

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The main purpose of taxes is to:
vovangra [49]
The main purpose of taxes is used to help support and continue government programs that help provide stable housing and food for the poor. :D
8 0
3 years ago
Charles Henri is considering investing $36,000 in a project that is expected to provide him with cash inflows of $12,000 in each
Yuki888 [10]

Answer:

At a discount rate of zero percent this investment has a net present value of 6000, but at the relevant discount rate of 17 percent the project's net present value is -5739.

Explanation:

See document attached.  To get the net present value,  we make a cash-flow in excel.  

At moment  the investment is =$-36,000

Moment 1 and 2 = $12,000 /moment 3 =$18000

We calculate the Net cash flow (that is the difference between benefits and cost).

To get  net present value,  we use VNA formula.  

=VNA(required rate of return; Net cash flow from moment 0 to moment 3 )+Net cash flow at moment 0

Situation 1  

Interest rate 0%

Net Present Value (NPV) 6000  

 

Situation 2  

Interest rate 17%

Net Present Value (NPV) -5739

Download xlsx
8 0
3 years ago
If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re
Naddika [18.5K]

Answer:

The correct answer is True

Explanation:

In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.

In other words, the equivalent units is shown thus:

Equivalent units =100000 units*20%

Equivalent units =20000 units

This implies that labor has carried  out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.

7 0
4 years ago
Describe the overall purpose of management
NNADVOKAT [17]

Management is the big-picture process of making business run smoothly through effective planning, organizing, staffing, training, leading, and controlling the company.

8 0
4 years ago
Jason sent an email to his mother, "Ur never going 2 believe this. That prof gave me no credit for my paper. I h8 him." (with em
jekas [21]

Answer:

d. encoded

Explanation:

Based on the information provided it can be said that Jason should have considered who his audience was when he encoded the message. Encoding a message refers to converting the regular text into a cryptic or coded form that only specific people would be able to decode or understand. Which in this scenario his "text slang" would mostly be understood by people who use the same encoding as him, but not his mother.

3 0
3 years ago
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