Average age of a company's long-term operating assets is computed as ________. Group of answer choices the amount of depreciation expense divided by accumulated depreciation the balance of ending net fixed assets divided by depreciation expense the amount of depreciation expense divided by the balance of ending net fixed assets the amount of accumulated depreciation divided by depreciation expense
Average age of a company's long-term operating assets is computed as ________. Group of answer choices the amount of depreciation expense divided by accumulated depreciation the balance of ending net fixed assets divided by depreciation expense the amount of depreciation expense divided by the balance of ending net fixed assets the amount of accumulated depreciation divided by depreciation expense
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Average age of a company's long-term operating assets is computed as ________.
Group of answer choices
the amount of depreciation expense divided by accumulated depreciation
the balance of ending net fixed assets divided by depreciation expense
the amount of depreciation expense divided by the balance of ending net fixed assets
the amount of accumulated depreciation divided by depreciation expense
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