Regardless of the depreciation method, the amount that will be depreciated during the life of the asset will be the same
Indicate whether the statement is true or false
True
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Which of the following accounting measures indicates the amount of stockholder funds used to finance the firm?
A. Book value B. Actual rate of return C. Net profit margin D. Approximate yield E. Price/earnings ratio
On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $27,900; Supplies, $900; Equipment, $8500; Accounts Payable, $7300. What is the amount of stockholders' equity as of August 31 of the current year?
A. $30,000. B. $29,100. C. $28,200. D. $13,000. E. $11,200.
Angie Pereira and Ferro Schwartz are employees of Free Star Company. In February 2019, Angie's gross pay was $6000, and Ferro's gross pay was $7400. All earnings are subject to FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Which of the following would be included in the entry to record the salaries expense for February?
A) a debit to Salaries Payable to employees for $830.80 B) a debit to FICA-Medicare Taxes Payable for $830.80 C) a credit to FICA-OASDI Taxes Payable for $830.80 D) a credit to Salaries Expense for $830.80
Which of the following refers to the number of interactions among members of a group and reflects the "connectedness" of the group, even if these connections are forced on users?
A. engagement B. information density C. social density D. amplification