Depreciated replacement cost is equal to the * a. Sound Value b. Net appreciation c. Depreciable amount d. Carrying amount
Q: replacement cost historical cost net realizable value present value
A: Hey there the question is assumed to be as assets are valued under.
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a. Sound Value
b. Net appreciation
c. Depreciable amount
d. Carrying amount
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- Assets are usually valued at? a.Historical Cost b. Residual Value c. Net Realizable Value d. Replacement CostThe formula for straight-line depreciation is O service life/(cost + residual value). O cost/service life. O(cost + residual value)/service life. O(cost - residual value)/service life.Residual value is: A. Also called residual value.B. Also called scrap value.C. An estimate of the asset's value at the end of its benefit period.D. A factor relevant to determining depreciation.E. All of these.
- Th e valuation technique under which assets are recorded at the amount that would be received in an orderly disposal is: A . current cost.The total cost of an asset less its accumulated depreciation is called: Multiple Choice Historical cost. Book value. Present value. Current (market) value. Replacement cost.The book value of an asset is equal to thea. Replacement cost.b. Asset’s cost less accumulated depreciation.c. Asset’s fair value less its historical cost.d. Historical cost plus accumulated depreciation.
- The difference between cost of the asset and residual value is known as a . Depletion b . Salvage value c . Total cost of the asset . d . Depreciable costThe estimated economic life of an asset is also known as ________. A. residual value. B. book value. C. salvage life. D. useful life.Q. How is depreciation calculated? Is depreciation a fixed cost?