which metric is used as the profitability metric and explain what it evaluate?

Q: Demonstrates the difference between depreciation costs as expenses and the cash flow generated by…

A: Depreciation expense: Depreciation expense is a non-cash expense, which is recorded on the income…

Q: Which sentence is incorrect? Select one: a. Depreciation is not the actual change in the value of…

A: Depreciation expense is a non-cash expense, which is recorded on the income statement reflecting the…

Q: A To adjust CAPEX for taxable income B To isolate changes due to buying or selling of CAPEX C To…

A: The net capital expenditures are the difference between capital investments and depreciation, and…

Q: Assets are usually reported at theira. appraised value.b. historical cost.c. current market value.d.…

A: Correct Option is “b”: Historical Cost. Assets are recorded in the balance sheet of the company at…

Q: The systematic allocation of land's cost to expense is called depreciation

A: Depreciation: The monetary value of an asset decreases over time due to use, wear, and tear, or…

Q: Which of the following is (are) acceptable valuation(s) for reporting of assets on the balance…

A: The objective of the question is to identify the correct methods of asset valuation for reporting on…

Q: Residual value is: A. Also called residual value. B. Also called scrap value. C. An estimate of the…

A: The depreciation expense is charged on fixed assets as reduced value of the fixed asset with usage…

Q: Which of the following is not a factor in selecting a depreciation method? a. salvage value b.…

A: Depreciation is charged on cost of assets on annual basis for repair and maintenance costs and…

Q: Assets that are NOT expected to provide benefits for a number of accounting periods are called…

A: Solution: Assets that are NOT expected to provide benefits for a number of accounting periods are…

Q: Which of the following is INCORRECT regarding depreciation? Select one: O a. It is not a matter of…

A: Depreciation is an accounting method used to allocate the cost of tangible assets over their useful…

Q: Illustrate the rules and laws that govern asset depreciation and the methods that accountants use to…

A: Any asset cannot last for life and hence its original value reduces because of its use which is…

Q: EXPLAIN what type of account Accumulated Depreciation is?

A: The total amount of depreciation that has been applied to an asset up to a certain point is known as…

Q: Which of the following accounts would be classified as a current asset? Group of answer choices land…

A: Current assets are those assets that can be liquidated or converted into cash easily. Any asset…

Q: Which one of the following is not one of the factors in computing depreciation? Cost price…

A: Depreciation means the loss in value of assets because of usage of assets , passage of time or…

Q: Different categories of financial assets are valued differently in the balance sheet.  The different…

A: SOLUTION:- The company needs to look at its balance sheet and identify tangible and intangible…

Q: ‘carrying value’ of a depreciable asset is the difference between

A: Carrying value of an asset gives value of Company's asset as on given date after provision of wear…

Q: Instead of valuing assets, depreciation is a cost allocation procedure. This statement should be…

A: This question tells about depreciation is a cost allocation procedure:

Q: Please I want answer for this according to your understanding and experience. Thanks

A: Current asset: These are short-period assets claimed and owned by an organization for 12 months…

Q: What are the long-term assets which do not have any physical existence? A. Intangible Assets B.…

A: Tangible Assets:These assets are physical, measurable Resources; like Property, Plant &…

Q: erent methods of calculating depreciation.

A:

Q: Which of the following is correct when recording the disposal of equipment for a gain? Group of…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: can you give me an example of straight line depreciation and explain it

A: The straight-line basis is a depreciation method of estimation of depreciation expense on an asset.…

Q: Explain the difference between tangible and intangible long-lived, revenue-producing assets.

A: Tangible assets are those assets which appear in the physical form and it is measurable. Assets like…

Q: How can the quality of financial statements be compromised? Discuss fully and explain, giving a…

A: Financial statements are documents that provide valuable insight into the financial health of a…

Q: Give examples of how depreciation, depletion, and amortization are all the same and how they're all…

A: This question says about depreciation, depletion, and amortization:

Q: financial statement does depreciation expense go on

A: Depreciation expense is an estimate of wear and tear caused to a fixed asset due to its use in the…

Q: What is meant by straight line method if charging depreciation?

A: Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset due to its…

Q: What are the three methods to account for depreciation? What are the differences between the three…

A: Methods of depreciation Straight line method Declining/ Diminishing balance method Sum-of-the-year…

Q: True or False: Depreciation is an example of a contra asset account.

A: On a company's balance sheet, a contra asset account is matched with a related asset account. In…

Q: The book value of an asset is equal to thea. Replacement cost.b. Asset’s cost less accumulated…

A: Every asset has a limited period of life. With the continuous use of an asset in the course of…

Q: What are depreciation and its purpose? Does the book value of a fixed asset (cost minus accumulated…

A: Depreciation is an expense which shows the decrease in the asset's value over the life of the asset…

Q: Depreciation is a process that involves: a. Increasing the value of assets b. Distributing the cost…

A: Expense is the amount of money incurred by the entity to run the daily operations of the business.…

Q: Which of the following is the correct calculation of book value? a. Cost - Impairment expense b.…

A: Book value (B.V) is the worth of the asset at a specified date.

Q: What provides the framework for conducting return on assets (ROA) analysis by incorporating revenues…

A: The objective of the question is to identify the framework that allows for the calculation of Return…

Q: Define each of the following terms:d. Depreciation; amortization; EBITDA

A: The formula to compute EBITDA as follows:

Q: Define the following: (a) Depreciation (b) Book value

A: Asset refers to the resources kept by the businesses to be utilized in the operations. Assets are…

Q: Some believe that accounting depreciation measures thedecline in the value of fixed assets. Do you…

A: Depreciation: Depreciation is a method of reducing the capitalized cost of long-lived operating…

Q: 1. How do we decide whether to capitalize (record as an asset) or expense a particular cost? 2.…

A: ANSWER   Cost: The cost of the long-lived assets refers to all the expenditures made in order to…