The book value of capital assets changes over time as the result of Select one: a....
The book value of capital assets changes over time as the result of
Select one:
a. Depreciation or changes made to the capital asset itself
b. Inflation
c. The entity principle
d. Payment of income taxes
Homework Answers
An asset is recorded at cost less accumulated depreciation which is known as carrying value or book value. Frequent changes in the value of capital asset is mainly because of depreciation or changes made to capital asset.
Depreciation or changes made to the capital asset itself.
Option a.
Add Answer to:
The book value of capital assets changes over time as the result
of
Select one:
a....
The book value of natural resources is: Select one: a. Increased over time b. Depleted over...
The book value of natural resources is: Select one: a. Increased over time b. Depleted over time c. Amortized over time d. Wasted over time
Under ASPE The historical cost of long-term assets Select one: a. Becomes larger over the life...
Under ASPE The historical cost of long-term assets Select one: a. Becomes larger over the life of the asset b. Becomes smaller over the life of the asset c. Remains unchanged from the time they are purchased to the time they are sold d. Is irrelevant when recording purchases of capital assets
1) The traditional accounting model delays the recognition of value changes of assets and liabilities until...
1) The traditional accounting model delays the recognition of value changes of assets and liabilities until what event occurs? a. A change in value. b. A market transaction. c. A balance sheet date. d. Cash is received or cash is paid. 2)Which of the following is not one of methods used by GAAP for treating value changes? a. Recognize value changes on the balance sheet and income statement when they are realized in a market transaction b. Recognize value changes...
1. The balance sheet reports the net value ( book value) of the equipment. The book...
1. The balance sheet reports the net value ( book value) of the equipment. The book value of the equipment is______________. Select one or more: a. The original cost of the asset b. The original cost of the asset less the depreciation cost of current year c. The original cost of the asset less its accumulated depreciation d. The accumulated depreciation on the asset 2.Goodwill is: Select one or more: a. Can be developed internally b. Need to be amortized...
1) Which statement relating to revaluations of non-current assets is not true? Select one: a. A...
1) Which statement relating to revaluations of non-current assets is not true? Select one: a. A revaluation increase is regarded as income to be added to the firm's profit for the year. b. A revaluation decrease should be included as a reduction in profit. c. Before assets are revalued any existing accumulated depreciation must be written off against the asset account. d. Future depreciation charges will be based on the revalued carrying amount of the asset. 2) Which is the...
Which of the following can result in an increase in firm value? I. Reducing net capital...
Which of the following can result in an increase in firm value? I. Reducing net capital expenditures on existing assets II. Increasing the reinvestment rate of the firm III. Improving operating margins on existing assets Select one: a. I only b. I and II only c. I and III only d. II and III only e. I, II, and III only f. None of the above Which of the following statements is true concerning EVA? I. EVA will be positive when the...
The study of how movement changes over time as a result of one's biological system and...
The study of how movement changes over time as a result of one's biological system and environment is: A) maturation B) motor development C) Growth D) physical literacy
What is depreciation? fed 1.00 don Select one: O a. The tendency of money in a...
What is depreciation? fed 1.00 don Select one: O a. The tendency of money in a bank account to lose value over time. b. The decline in value of a future good due to the time we have to wait to receive that good c. The accumulation of money in an interest-bearing account over time. O d. The decline in value of expected future income, due to inflation. e. The loss in an asset's value over time.
The net value of fixed assets is also called its Select one: a. intrinsic value b....
The net value of fixed assets is also called its Select one: a. intrinsic value b. book value c. market value d. par value of a business firm is measured by its ability to satisfy its short-term The obligations as they come due. Select one: a. liquidity b. activity C. debt d. profitability
Working capital management involves decisions related to Select one: a. labor contracts b. current assets and...
Working capital management involves decisions related to Select one: a. labor contracts b. current assets and liabilities c. fixed asset acquisition d. long term debt
What is depreciation? fed 1.00 don Select one: O a. The tendency of money in a bank account to lose value over time. b. The decline in value of a future good due to the time we have to wait to receive that good c. The accumulation of money in an interest-bearing account over time. O d. The decline in value of expected future income, due to inflation. e. The loss in an asset's value over time.
The net value of fixed assets is also called its Select one: a. intrinsic value b. book value c. market value d. par value of a business firm is measured by its ability to satisfy its short-term The obligations as they come due. Select one: a. liquidity b. activity C. debt d. profitability
Most questions answered within 3 hours.
-
The average length of time between arrivals at a turnpike
toll-booth is 26 seconds. What is...
asked 1 hour ago -
(a) A piston at 6.1 atm contains a gas that occupies a volume of
3.5 L....
asked 2 hours ago -
Please answer true or false. Words
cannot be changed or added in to make it true...
asked 2 hours ago -
An empty test tube weighs 15.923 grams. Then,
MgCl2•6H2O is added into the test tube. After...
asked 2 hours ago -
Assume memory access is 10 units of time and disk access is
10000 units of time....
asked 3 hours ago -
1. Are all good samples random?
2. Magazines often report surveys giving statistics such as “63%...
asked 3 hours ago -
Under all the various types of market structures, firms
must eventually earn some economic profits for...
asked 3 hours ago -
Consider the following fitness regime for a single locus trait
with two co-dominant alleles: w11 =...
asked 3 hours ago -
A large cable company reports the following.
80% of its customers subscribe to its cable TV...
asked 3 hours ago -
Please answer the question in brief.
Discuss the role of ERP in organizations. Are ERP tools...
asked 3 hours ago -
Discuss the pros and cons of collaborative software such
as SameTime. Does it increase productivity? What...
asked 3 hours ago -
Buying your in-laws a gift because it’s expected is
due to the ____________ motive of gift-giving....
asked 3 hours ago