What is the relationship between the book value of a plant asset, the market value of the plant asset, and the salvage value of a plant asset? Explain
The book value of a plant asset is the asset's original cost less accumulated depreciation. The amount of accumulated depreciation depends on the depreciation method chosen. The market value of a plant asset is the amount for which the asset can be sold for on the market. Book value does not follow the market value. The residual value of a plant asset is an estimate of the amount for which the asset can be sold at the end of its useful life.
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Answer the following statements true (T) or false (F)
1. A trend analysis would be used if an analyst wants to see how the gross profit of a company has changed from one year to the next. 2. A horizontal analysis would be used if an analyst wants to see how the assets of a company have changed from one year to the next. 3. A vertical analysis of a financial statement reveals the relationship of each statement item to its base amount, which is the 100% figure. 4. A vertical analysis percent is computed by dividing the base amount by the specific item and then multiplying by 100. 5. In a vertical analysis of the income statement, each line item is shown as a percentage of net sales revenue.
An organization's culture of __________ reflects the extent to which majority members value efforts to increase minority representation, and whether the qualifications and abilities of minority members are questioned.
A. diversity B. strategy C. conflict D. inclusion E. multiculturalism
Who pays the freight cost when the terms are FOB destination?
A) the seller B) the buyer C) the customer D) either the buyer or the seller
BluTech performed statistical analyses to assess the validity of the tests it used to screen job candidates. One of those tests returned a validity coefficient of -1.00. This indicates
A. a complete lack of relationship. B. an error in the statistical methodology. C. a perfect negative relationship. D. a perfect positive relationship.