BUSINESS COLLEGE

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.

Answers

Answer 1
Answer:

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

Related Questions

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Vern's makes all sales on account, subject to the following collection pattern: 20% are collected in the month of sale; 70% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for October, November, and December were $70,000, $60,000, and $50,000, respectively, what was the budgeted receivables balance on December 31?A. $40,000.B. $46,000.C. $49,000.D. $59,000.E. Some other amount
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If your firm has a capital structer of 60% debt and 40% common equity with the debt having cost of 10% and the equity of 17% what is the firm weight average cost of capital

Answers

Answer:

12.8%

Explanation:

Data provided in the question:

Debt = 60% = 0.60

Equity = 40% = 0.40

Cost of debt, kd = 10% = 0.10

cost of equity, ke = 17% = 0.17

Now,

firm weight average cost of capital

= ( ke × weight of equity ) + ( kd × weight of debt )

on substituting the respective values, we get

= ( 0.17 × 0.40 ) + ( 0.10 × 0.60 )

= 0.068 + 0.06

= 0.128

or

= 0.128 × 100%

= 12.8%

The 2017 balance sheet of Staples, Inc. shows total assets of $8,271 million, operating assets of $6,566 million, operating liabilities of $3,527 million, and shareholders’ equity of $3,688 million. Staples' 2017 net operating assets are: Select one: A. $11,798 million
B. $ 6,566 million
C. $ 4,744 million
D. $ 3,039 million
E. None of the above

Answers

Answer:

D. $ 3,039 million

Explanation:

Net Operating Assets = Operating Assets - Operating Liabilities

Net Operating Assets = $6,566 million - 3,527 million

Net Operating Assets = $3,039 million

A company advertises that its products are environmentally friendly in order to sell to climate-conscious consumers at a higher price. What is this practice called?

Answers

Answer: Greenwashing

Explanation:

Greenwashing is the process of giving out a false impression or misleading the public about how the product of a company are more environmentally friendly. Companies have used greenwashing in commercials and press releases emphasizing their pollution minimization efforts and clean energy but in reality, the firm may not have a genuine commitment to environmental friendliness. Companies that make such claims are embroiled in greenwashing.

For example, a company might claim that their goods are made from recycled materials and this may be false. This is greenwashing.

Operating a cash register is a _________ skill. (soft skill or hard skill)​

Answers

Answer:

Also a hard skill.

Explanation:

A hard skill is something that you have to learn.

Where to write the account name? *a)At the bottom of T account
b)At the top of T account
c)In the debit side
d)In the credit side

Answers

Answer:

b)At the top of T account

Explanation:

The account name is always written at the top of a T account. The account name is also the account title.

A T account has a standard format. The title or the name is what differentiates them.

Pearl, Inc., has offered $422 million cash for all of the common stock in Jam Corporation. Based on recent market information, Jam is worth $391 million as an independent operation. If the merger makes economic sense for Pearl, what is the minimum estimated value of the synergistic benefits from the merger? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Answers

Answer:Minimum Synergy gain = Purchase Price – Market Value Purchase Price $357,000,000 – Market Value $319,000,000 = $38,000,000

Minimum estimated value of synergy would be $38,000,000. With the merger, there would be a net gain from the synergy.

Explanation:

Mate i hope this helps sorry if im wrong

Final answer:

The minimum estimated value of the synergistic benefits from the merger between Pearl, Inc. and Jam Corporation is $31 million. This value is calculated by subtracting the current worth of Jam Corporation ($391 million) from the offer made by Pearl, Inc. ($422 million).

Explanation:

To calculate the minimum estimated value of the synergistic benefits from the merger, you would subtract the current value of Jam Corporation from the offer by Pearl, Inc. This is because the expected synergies are the value-add provided by the merger. In other words, if Pearl, Inc., is prepared to pay $422 million for a company worth $391 million, the difference between those two figures, or $31 million, must be the value of the projected synergistic benefits that Pearl, Inc., hopes to realize as a result of the acquisition.

Learn more about Merger here:

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