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- (Multiple Choice Question) Amortizable Cost refers to 1. An asset's Net Book Value minus its Accumulated Amortization 2. The added cost of a capital asset after undergoing a capital improvement 3. The portion of the cost of the asset that will amortize over its useful life 4. The entire cost of a capital asset1. What is the definition of a fixed asset and which expenditures can be added to the capitalized cost of a fixed asset? 2. Please define the term "Net book value."A capital expenditure would be: Group of answer choices added to the cost of the asset ignored subtracted from the cost of the asset an expense on the income statement
- Why is depreciation added to Net CAPEX? A To adjust CAPEX for taxable income B To isolate changes due to buying or selling of CAPEX с To reflect the economic value of the fixed assetsWhat is the 'carrying amount of a depreciating non-current asset? O A. The cost (or fair value) of the asset less the accumulated depreciation on that asset O B. The current market value of the asset C. The cost (or fair value) of the asset less the current year's depreciation O D. The cost (or fair value) of the assetEBITDA can be calculated using following formula |depreciation EBITDA + %3D EBIT + ammortisation EAT interest tax
- It is the initial cost of acquiring an asset, plus sales tax, transportation and normal costs of making asset serviceable. a. Adjusted standard cost O b. Cost basis O c. Standard cost O d. Adjusted cost basisThe book value of an asset is equal to the: a. asset's market value less its historical cost b. book value relied on by secondary markets c. replacement cost of the asset d. asset's cost less accumulated depreciation1. How do we decide whether to capitalize (record as an asset) or expense a particular cost? 2. Provide one example of each to capitalize (record as an asset) or expense a particular cost.
- When accounting for self-constructed PPE and computing the amount of interest cost to be capitalized, the concept of "avoidable interest" refers to а. that portion of average accumulated expenditures on which no interest cost was incurred O b. that portion of total interest cost which would not have been incurred if expenditures for asset construction had not been made O c. the total interest cost actually incurred d. a cost of capital charge for equityThe difference between book value of the asset with the proceeds receive from its sale, with result in?Residual value is O a. Present value. O b. Value in use. O c. The net cash amount that is received from the ultimate sale of the asset, at the end of its life. O d. The gross cash amount that is received from the ultimate sale of the asset, at the end of its life.
