WGU D104 Intermediate Accounting II Units 4-6 Exam Graded A+ WGU D104 Personal Exam Solved 100% WGU D104 Intermediate Accounting II Exam 2022/2023 Solved 100% Correct WGU D104 Intermediate Accounting II Units 2-3 Exam 2022/2023 Answered 100%
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Asset Turnover Ratio - ANSWER-net sales/average total assets Profit Margin Ratio - ANSWER-net income/total sales Rate of return on assets - ANSWER-net income/average total assets Current ratio - ANSWER-current assets/current liabilities acid-test ratio - ANSWER-(cash + short-term investm...
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Add to cartAsset Turnover Ratio - ANSWER-net sales/average total assets Profit Margin Ratio - ANSWER-net income/total sales Rate of return on assets - ANSWER-net income/average total assets Current ratio - ANSWER-current assets/current liabilities acid-test ratio - ANSWER-(cash + short-term investm...
When the book value is greater than the fair value. - ANSWER-Impairment The excess of book value over fair value. - ANSWER-Impairment loss. The cost + avoidable interest less salvage value. - ANSWER-Depreciable base. Cost of permanent landscaping - ANSWER-Land - do not depreciate. Cost o...
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Add to cartWhen the book value is greater than the fair value. - ANSWER-Impairment The excess of book value over fair value. - ANSWER-Impairment loss. The cost + avoidable interest less salvage value. - ANSWER-Depreciable base. Cost of permanent landscaping - ANSWER-Land - do not depreciate. Cost o...
Which method should be used to handle indirect costs of self-constructed assets? Assigning no variable overhead to a constructed asset Allocating overhead on the basis of gained production Assigning a pro rata portion of all overhead to the asset Allocating the total overhead to the asset - ANSW...
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Add to cartWhich method should be used to handle indirect costs of self-constructed assets? Assigning no variable overhead to a constructed asset Allocating overhead on the basis of gained production Assigning a pro rata portion of all overhead to the asset Allocating the total overhead to the asset - ANSW...
These characteristics: They are acquired for use in operations and not for resale. They are long-term in nature and usually depreciated They possess physical substance. Describe what? - ANSWER-property, plant, and equipment Only asset that is NOT depreciated - ANSWER-land PP&E - ANSWER-pro...
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Add to cartThese characteristics: They are acquired for use in operations and not for resale. They are long-term in nature and usually depreciated They possess physical substance. Describe what? - ANSWER-property, plant, and equipment Only asset that is NOT depreciated - ANSWER-land PP&E - ANSWER-pro...
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