• 2022-05-29
    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
  • C

    内容

    • 0

      ____________________ is relevant in a decision to replace equipment. A: a. Cost of old equipment B: b. Book value of old equipment C: c. Depreciation accrued on old equipment D: d. Future maintenance costs of old equipment

    • 1

      The statement of financial position of Chen contains an item of plant with a carrying book value of $8,000. This is traded in for new plant with a cost of $21,000. Chen pays $14,000 in cash towards the purchase of the new plant.What is the loss on disposal of the original plant?(Please enter your answer in the box below (numbers only) for the value in $.)<br/>______

    • 2

      Equipment’s book value is the original cost plus depreciation.

    • 3

      The following normal balances appear on the adjusted trial balance of Portland Company: Equipment ..........................................................$70,000Accumulated depreciation, equipment ................. 18,000Depreciation expense, equipment .........................6,000The book value of the equipment is A: $64,000 B: $46,000 C: $52,000 D: $34,000

    • 4

      The initial offer price for the target firm is defined as A: The minimum price B: The present value of the minimum price plus some fraction of the present value of net synergy C: The present value of net synergy plus the current market value of the target firm D: The maximum price less the minimum price E: The maximum price less the present value of net synergy