The normal rate of return on equity capital is also known as the opportunity cost of capital
Answer:
c. an estimate of a plant asset's value at the end of its useful life
Explanation:
The salvage value or the residual value is the estimated value of the fixed asset which can be received at the end of its useful life. So, neither it is a fair market value of a plant asset , nor it is deducted from the accumulated depreciation.
The treatment of the residual value under the straight-line method or any other method is shown below:
The depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ estimated life in years
The residual value should always be deducted from the original cost of fixed asset
Answer:
5.79 times
Explanation:
The times interest earned ratio tells us the number of times the company's made earnings in multiple of its debt interest obligation.
The formula for times earned interest ratio is the income before interest and taxes divided by the interest expense.
income before tax is $302,634
income before interest and taxes= $302,634+$63,228=$365,862.00
times interest earned ratio=$365,862.00/
$63,228= 5.79 times
Answer:
Debbie Brooks is the one who will suffer the loss for the checks paid with Brook's forged signature.
Explanation:
Debbie Brooks is the one who will suffer the loss for the checks paid with Brook's forged signature because Brooks was supposed to be checking the statement regarding her accounts frequently . By that, she could have discovered that Tingstrom had taken $85,000 from her checking account with Transamerica Financial Advisors and hence be able to sue her.
After Debbies Brooks discovered what Martha had done, she should have have stopped the transaction immediately but instead another year passed before she filed a suit against Transamerica. Hence, she will be one who will suffer from the forged signature.
Move the Mouse around and Press any key on the keyboard. Well I’m just referring to that because that’s how my computer works