Answer to number one Is a Yard Stick,
Racking my brain for the answers to the others.
Answer:
amount that an employee earns before deductions
Explanation:
1, 2, & 4 are ways it benefits students. The other two choices seem to be more about study skills rather than student self reflection benefits.
Answer:
The asset's depreciable basis is:
= $270,500
Explanation:
a) Data and Calculations:
Equipment purchase cost = $250,000
Freight charges = 500
Installation costs = 750
Sales tax 18,750
Special consultant fee 500
Total acquisition costs = $270,500
Depreciable basis = Acquisition costs - Salvage value
= $270,500 - $0
= $270,500
b) The depreciable basis is the amount of the asset that is subject to depreciation over its useful life. This amount is obtained by subtracting the salvage value from the acquisition costs. The acquisition costs include the purchase price of an asset plus the costs incurred to put the asset into service, which include any sales taxes, delivery charges, and installation fees.
