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Homework answers / question archive /   the accounting process of allocating the cost of tangible assets to expense in a systematic and rational manner to those periods expected to benefit from the use of the asset how do we allocate depreciations costs of the following long-term assets: fixed assets; tangibles; natural resources how do you find depreciation base? which depreciation method is based on the number of hours worked/units produced? what is the formula for the activity method of depreciation? what is the formula for the straight-line method of depreciation? explain the sum-of-the-years'-digits depreciation method what are the steps to find the declining-balance method of depreciation? when is the group method of depreciation used? when is the composite approach of depreciation used? who determines whether or not an asset has been impaired? what does it mean when a fixed asset has been impaired? what is the recoverability test? how do we measure the amount of impairment for fixed assets? Is the sum of future cash flows the same as an assets market value? if you aren't given fair value of an asset, how can you find it? what does the asset turnover ratio measure? how do you find the asset turnover ratio? what does the asset turnover ratio tell about management? what does the profit margin on sales measure? how do you find the profit margin on sales? what does the profit margin on sales tell about management? what does the rate of return on assets measure? how do you find the rate of return on assets? what does the rate of return on assets tell about management? Give examples of marketing-related intangible assets and some information about how to record them Give examples of customer-related intangible assets and some information about how to record them when you record amortization of an intangible asset, what do you credit? Give examples of artistic-related intangible assets and some information about how to record them Give examples of contract-related intangible assets and some information about how to record them Give examples of technology-related intangible assets and some information about how to record them how does a company get goodwill? what are the rules for impairing (testing) intangibles? which assets must be tested for impairment at least once a year? what are the steps in testing goodwill for impairment? what is the price-to-revenue ratio also called? how do you find it?

  the accounting process of allocating the cost of tangible assets to expense in a systematic and rational manner to those periods expected to benefit from the use of the asset how do we allocate depreciations costs of the following long-term assets: fixed assets; tangibles; natural resources how do you find depreciation base? which depreciation method is based on the number of hours worked/units produced? what is the formula for the activity method of depreciation? what is the formula for the straight-line method of depreciation? explain the sum-of-the-years'-digits depreciation method what are the steps to find the declining-balance method of depreciation? when is the group method of depreciation used? when is the composite approach of depreciation used? who determines whether or not an asset has been impaired? what does it mean when a fixed asset has been impaired? what is the recoverability test? how do we measure the amount of impairment for fixed assets? Is the sum of future cash flows the same as an assets market value? if you aren't given fair value of an asset, how can you find it? what does the asset turnover ratio measure? how do you find the asset turnover ratio? what does the asset turnover ratio tell about management? what does the profit margin on sales measure? how do you find the profit margin on sales? what does the profit margin on sales tell about management? what does the rate of return on assets measure? how do you find the rate of return on assets? what does the rate of return on assets tell about management? Give examples of marketing-related intangible assets and some information about how to record them Give examples of customer-related intangible assets and some information about how to record them when you record amortization of an intangible asset, what do you credit? Give examples of artistic-related intangible assets and some information about how to record them Give examples of contract-related intangible assets and some information about how to record them Give examples of technology-related intangible assets and some information about how to record them how does a company get goodwill? what are the rules for impairing (testing) intangibles? which assets must be tested for impairment at least once a year? what are the steps in testing goodwill for impairment? what is the price-to-revenue ratio also called? how do you find it?

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  1. the accounting process of allocating the cost of tangible assets to expense in a systematic and rational manner to those periods expected to benefit from the use of the asset
  2. how do we allocate depreciations costs of the following long-term assets: fixed assets; tangibles; natural resources
  3. how do you find depreciation base?
  4. which depreciation method is based on the number of hours worked/units produced?
  5. what is the formula for the activity method of depreciation?
  6. what is the formula for the straight-line method of depreciation?
  7. explain the sum-of-the-years'-digits depreciation method
  8. what are the steps to find the declining-balance method of depreciation?
  9. when is the group method of depreciation used?
  10. when is the composite approach of depreciation used?
  11. who determines whether or not an asset has been impaired?
  12. what does it mean when a fixed asset has been impaired?
  13. what is the recoverability test?
  14. how do we measure the amount of impairment for fixed assets?
  15. Is the sum of future cash flows the same as an assets market value?
  16. if you aren't given fair value of an asset, how can you find it?
  17. what does the asset turnover ratio measure?
  18. how do you find the asset turnover ratio?
  19. what does the asset turnover ratio tell about management?
  20. what does the profit margin on sales measure?
  21. how do you find the profit margin on sales?
  22. what does the profit margin on sales tell about management?
  23. what does the rate of return on assets measure?
  24. how do you find the rate of return on assets?
  25. what does the rate of return on assets tell about management?
  26. Give examples of marketing-related intangible assets and some information about how to record them
  27. Give examples of customer-related intangible assets and some information about how to record them
  28. when you record amortization of an intangible asset, what do you credit?
  29. Give examples of artistic-related intangible assets and some information about how to record them
  30. Give examples of contract-related intangible assets and some information about how to record them
  31. Give examples of technology-related intangible assets and some information about how to record them
  32. how does a company get goodwill?
  33. what are the rules for impairing (testing) intangibles?
  34. which assets must be tested for impairment at least once a year?
  35. what are the steps in testing goodwill for impairment?
  36. what is the price-to-revenue ratio also called? how do you find it?

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