更多"A company using straight-line depre"的相关试题:
[单项选择]A firm using straight-line depreciation reports the following financial information: Gross investment in fixed assets of $ 89167205. Accumulated depreciation of $ 35341"/73. Annual depreciation expense of $ 3885398. The approximate age of the fixed assets is:
[单项选择]A company using straight-line depreciation has an ending gross investment in fixed assets of $ 750, an accumulated depreciation of $ 300, and an annual depreciation expense of $150. The average depreciable life of the fixed assets and the average age of the plant and equipment are : Depreciable life Avg age of P&E（）
A. ① 2 years 5 years
B. ② 5 years 2 years
C. ③ 7 years 5 years
[单项选择]A company using the LIFO inventory method reports a LIFO reserve at year-end of $85 000, which is $20 000 lower than the prior year. If the company had used FIFO instead of LIFO in that year, the company’s financial statements would have reported:（）
A. a lower cost of goods sold, but a higher inventory balance.
B. a higher cost of goods sold, but a lower inventory balance.
C. both a higher cost of goods sold and a higher inventory balance.
[单项选择]A company reports the following information about its annual percentage changes:
·Revenue increases by 14%
·Receivable increases by 20%
·Inventory increases by 27%
This information indicates the company least likely has implemented:
A. higher credit standards for customers.
B. more aggressive revenue recognition.
C. less efficient inventory management.
[单项选择]A company reports the following information in its financial statements in 2011:
·Net income is $85000
·Common share dividends is $40000
·Average total assets is $570500
·Average total liabilities is $320500
·Tax rate is 40%
The company's sustainable growth rate is closest to:
A. 8%
B. 11%
C. 18%
[单项选择]If a company is investing in new assets, using straight-line depreciation instead of accelerated depreciation in the early years of an asset’ s life will lead to lower: （）
A. assets and higher net income.
B. turnover ratios and higher assets.
C. return on equity and higher cash flow.
[判断题]Provision of Depreciation is the estimated expired cost for the current period.
[单项选择]An analyst does research about depreciation expense for a company. The company purchases equipment for $1200000 with an estimated useful life of 6 years and no estimated residual value. Using the double-declining balance method, the depreciation expense for year 3 is closest to:（）
A. $177778
B. $200000
C. $266667
[判断题]In business charges depreciation in accounts, the accounting concept to be considered is the materiality concept.
[单项选择]An analyst does research about depreciation. Which of the following least likely increases the expected total depreciation expense over the life of a long-term asset（）
A. Increasing the useful life of the asset.
B. Increasing the residual value of the asset.
C. Using an accelerated depreciation method.
[单项选择]An analyst does research about depreciation and gathers the following information about an equipment:
| Purchase price | $10000 |
| Estimated useful life | 7years |
| Estimated value | $1000 |
Under the diminishing balance depreciation method and a 150% acceleration fac tor, the book value at the end of Year 2 is closest to:（）
A. $3827
B. $6173
C. $7857
[单项选择]
When are the reports due
A. Friday.
B. Today.
C. Wednesday.
D. Thursday.
[简答题]Research reports are considered formal professional communication. As such, there is little emphasis on a lively style, although, of course, there is no objection to writing that is pleasing and interesting. The primary goals of professional communication are accuracy, clarity, and completeness. The rough draft of any research report should be edited to ensure that all data is correctly presented, that all equipment is listed, that all results are properly detailed. As all aid to the reader, headings indicating at least the major sections of the report should be used, and all data should be presented under proper headings. In addition to their function of suggesting to the reader the contents of each section, headings enhance the formal appearance and professional quality of the report, increase to some degree the writer’s credibility by reflecting a logical and methodical approach to the reporting process, and eliminate the need for wordy transitional devices between sections.
Resea
[单项选择]Reports have recommended that universities should prize good teaching______ good research.
A. the same as
B. much as
C. as well as
D. in accordance with
[单项选择]
Positive surprises from government reports on retail sales, industrial production, and housing in the past few months are leading economists to revise their real gross domestic product forecasts upward, supporting the notion that the recession ended in December or January.
Bear in mind: This recovery won’t have the vitality normally associated with an upturn. Economists now expect real GDP growth of about 1. 5% in the first quarter. That’s better than the 0. 4% the consensus projected in December, but much of the additional growth will come from a slower pace of inventory drawdowns, not from surging demand.
Moreover, the economy won’t grow fast enough to help the labor markets much. The only good news there is that jobless claims have fallen back from their spike after September 11 and that their current level suggests the pace of layoffs is easing.
The recovery also does not mean the Federal Reserve will raise interest rates soon. The Ja
A. national GDP growth.
B. price indexes.
C. output of consumer goods.
D. the number of layoffs.
