For replacement of assets does depreciation generate funds
For replacement of assets does depreciation generate funds?
Expert
Yes, depreciation produces funds for replacement of assets. If depreciation is charged against the asset, an important portion is taken out of the profits each year throughout the existence of the existing assets, and is accumulated and retained devoid of being distributed to the owners as dividend. Therefore at the end of the life of the existing asset, the business will have some funds to put back old asset with the latest one.
On December 31, 20x1, the Juniper Company purchase a group of four assets for a total cost of $850,000. An independent appraiser assesses the fair value of each asset as follows: Asset Fair Value Land $100,000 Building 600,000 Equipment 250,000 Fixtures 150,000 Prepare the jour
Write down the different method of remunerating the workers?
Write down the major characteristics of financial accounting?
What do you understand by the term ‘Efficient market hypothesis’?
Give a brief explanation of the term accounting standard.
Briefly describe the term Net Profit?
Give a brief introduction of the term ‘Listed Company’?
Write down the procedure of capital budgeting?
Describe briefly the term Direct labor cost?
What is genbscript.exe and how it is used. Briefly state it.
18,76,764
1960398 Asked
3,689
Active Tutors
1449975
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!