Accounting formuals CH 7

0.0(0)
Studied by 0 people
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/5

encourage image

There's no tags or description

Looks like no tags are added yet.

6 Terms

1
New cards

Straight Line

Cost- Residual value/ years

2
New cards

units of production and depletion

cost- residual value/ total units x units used

3
New cards

double declining balance DDB

2/years x beginning book value

4
New cards

book value

cost- accumulated depreciation

5
New cards

Return on Assets

net income/ average total assets x 100

6
New cards

gain/ loss

selling price- book value