Ask a New Question

Ayres Services acquired an asset

Ayres Services acquired an asset for $80 million in 2011. The asset is depreciated for financial reporting purposes over four
1. 0 answers
2. asked by Robert
3. 829 views
What does it mean for an asset to be exempt in bankruptcy?a. The asset costs less than $50,000. b. The asset can't be sold to
1. 1 answer
2. 108 views
What is the term for when someone invests in a variety of places to reduce the overall risk of investing?asset classes asset
1. 1 answer
2. 20 views
Money is formally defined as:a. A financial claim on the government. b. An asset that is generally accepted in exchange for
1. 1 answer
2. asked by unknown 2.0
3. 13 views
is a trademark a return on asset, a current asset, a liquid asset or a fixed asset
1. 1 answer
2. 35 views
Give an example of a business transaction that has the described effect on the accounting equation:Increase an asset and
1. 1 answer
2. asked by candy
3. 1,424 views
The cost of an asset and its fair value areO the same on the date of acquisition. never the same. O irrelevant when the asset is
1. 1 answer
2. 64 views
_____ refers to the difference between the market value of an asset and the amount you owe on that asset.A. Negative net worth
1. 1 answer
2. 36 views
Kim Johnson purchased an asset for $80,000. Annual operating cash inflows are expected to be $30,000 each year for four years.
1. 1 answer
2. asked by Lisa
3. 752 views
Assume cost of an asset is 20000 and it’s accumulated depreciation is 18000 and the asset sold to birr 5000&1000 purpose
1. 1 answer
2. asked by Temesgen
3. 100 views