80.2K

Verified Solution

Link Copied!

1) The proper term for the value found by subtracting accumulated depreciation from the asset's original cost is a. salvage value b. market value c. book value d. e. use value none of the above 2) The market value of a depreciable asset at the time it is sold or removed from service is a. net present value b. shadow value c. salvage value d. remaining debt balance 3) The total depreciation over an asset's useful life is equal to a. cost minus salvage value b. cost plus salvage value c. book value d. salvage value e. none of the above 4) A loss on the sale of a depreciable asset implies its salvage value is zero a. b. its book value is zero C. too little depreciation was taken over its life d. too much depreciation was taken over its life e. all of the above 5) The U.S. Treasury borrows money by selling a. Treasury Notes b. Treasury Bonds c. Treasury Bills d. all of the above Q Search (1 5 D L 6 1 N NO CO

1) The proper lerm for the value forand by mblacting accumalated depreciation from the anset's oritinal cont is a. salvage value b. matket value c. book value d ase value e. Done of the above 2) The murket valoe of a depecciable asset as the time it is wold er removed from service is a. net present value b. shadow value e. salvage value d. remaining debt bulase 3) The total depreciation over an asset's uneful tife is equal to a. cost minus salvage value b. cont plas salvage value c. book value d. salvage value e. none of the above 4) A loss on the sale of a depreciable asset implies a. iss salvage value is zero b. its book value is zero c. too little deprecintion was taken over its life d. too moch depreciation was taken over its life e. all of the above 5) The U.S. Treasury bocrows money by selling a. Treasury Notes b. Treasury Bonds c. Treasury Bills d. all of the above

Answer & Explanation Solved by verified expert

See Answer