_______________is the original cost of an asset less any accumulated depreciation.
举一反三
- Book value is defined as: A: a. disposal value B: b. disposal value less accumulated depreciation C: c. cost less accumulated depreciation D: d. disposal value less original cost
- Accumulated depreciation is shown on the balance sheet as a subtraction fromthe cost of its related asset
- Equipment’s book value is the original cost plus depreciation.
- Total depreciation expense over an asset's useful life will not be identical under all methods of depreciation.
- Which of the following statements is FALSE? A: Depreciation is a method used for accounting and tax purposes to allocate the original purchase cost of the asset over its life. B: Sometimes the firm explicitly forecast free cash flow over a shorter horizon than the full horizon of the project or investment. C: Earnings include the cost of capital investments, but do not include non-cash charges, such as depreciation. D: Firms often report a different depreciation expense for accounting and for tax purposes.