The difference between the cost of an asset and the accumulated depreciation for that asset is called:
A. Unearned Depreciation.
B. Depreciation Value.
C. Prepaid Depreciation.
D. Book Value.
E. Depreciation Expense.
Answer: D
You might also like to view...
Answer the following statements true (T) or false (F)
1) The payback method is a screening device and is rarely used as the sole method for deciding whether to invest in an asset. 2) All else being equal, investments with longer payback periods are preferable. 3) Cash inflows from a capital investment arise from an increase in revenues, a decrease in expenses, or both. 4) A major criticism of the payback method is that it focuses only on the time to recover the investment and ignores profitability. 5) Most capital budgeting methods focus on accrual-based income.
A company that manufactures large quantities of homogenous goods will use a process costing system
Indicate whether the statement is true or false
Espresso Brew Inc. uses a Web site to provide downloadable information to prospective franchisees. This electronic information is the equivalent of an offer that must comply with
A. no law. B. federal antitrust laws. C. the Federal Trade Commission’s Franchise Rule. D. the Dealers Day in Court Act.
Why is it important for company managers to develop a worry list of strategic issues and problems that they need to address and resolve? What should they consider to develop this list?
What will be an ideal response?