The depreciable life of an asset is of concern to the financial manager. In general:.a) a longer depreciable life is preferred, because it will result in a faster receipt of cash flows. b) a shorter depreciable life is preferred, because it will result in a faster receipt of cash flows. c) a shorter depreciable life is preferred, because management can then purchase new assets, as the old assets are written off. d) a longer depreciable life is preferred, because management can postpone purchasing new assets, since the old assets still have a useful life.
Answers: 2
Business, 22.06.2019 11:40
In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?
Answers: 2
Business, 23.06.2019 09:40
When providing the square footage of a property for sale, the salesperson should disclose what?
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Business, 23.06.2019 14:00
Max has set some financial goals and created a budget. what else does max need to have a complete financial plan? a. loan information, insurance plan, and a saving and investing plan b. net worth statement, risk management plan, and investment principals c. net worth statement, insurance plan, and a saving and investing plan d. net worth statement, spreadsheet, and risk management plan
Answers: 1
The depreciable life of an asset is of concern to the financial manager. In general:.a) a longer dep...
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