The book value of a plant asset is defined as:
a) replacement cost minus accumulated depreciation.
b) current sales value minus historical cost.
c) historical cost minus accumulated deprecation.
d) historical cost minus estimated residual value.
Ans: c) historical cost minus accumulated deprecation.
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Thunder Corporation is authorized to issue $500,000 of 6 percent, 10-year bonds dated July 1 . 2014, with interest payments on December 31 and June 30 . When the bonds are issued on November 1 . 2014, Thunder Corporation receives cash of $515,000, including accrued interest. The journal entry to record the issuance of the bonds would include
a. $15,000 bond premium. b. $5,000 bond premium. c. $15,000 bond discount. d. no bond premium or discount.
Provide for easy and rapid __________________ of information
a. distribution b. erasure c. retrieval d. analysis
What is the benefit of granting stock options as part of a compensation package in a public stock company?
What will be an ideal response?
Identify the criteria that would influence a multinational corporation in the selection of an individual for an international assignment.
What will be an ideal response?