Answer:
The correct answer is letter "B": Depreciation reduces the book value of assets
.
Explanation:
Depreciation shows how much and the value of the assets was used up. This also aims to balance an asset's cost to the revenue that the asset has helped the business gain. Used as an income tax deduction, depreciation calculations offer businesses an annual allowance for the use and deterioration of tangible (physical) assets.
<em>Depreciation reduces the book value of assets because, after the depreciation calculation is done, the amount computed decreases the current value of the asset it represents.</em>
Answer:
The $400,000 should be a result of the acquisition of the in-process research and development activities
Explanation:
Intangible Assets: The intangible assets are those assets that cannot be seen or even touched. It is not tangible in nature
The example is goodwill, and intellectual properties like - patents, copyrights, trademarks, etc.
The recording of the intangible assets based on the fair market value i.e $400,000 instead of associated costs.
Answer:
b. inputs and quantity of output
Explanation:
A production function is a relationship between inputs and the quantity of output. In other words, it is the entire production process that goes into creating a product. This includes the specific materials that need to be inputted into the process in order for the output to be exactly as needed in order for the product to come out as desired and the right quantity. Thus, creating a relationship between input and output
just you know what it must be that i think
Explanation:
suppose a perfectly competitive market is sufdenly what think so
Answer: $259000
Explanation:
Based on the information provided in the question, the amount of cash provided by operating activities that should appear on a statement of cash flows would be:
Net income = $230,000
Add: Depreciation expense = $22,000
Add: Rent = $7000
Total = $259,000
