商业财务第 1207 / 1605 题
Amortization is most similar to depreciation except that amortization applies to:
a.Cash in the bank
b.Current liabilities
c.Intangible assets such as a purchased license or goodwill
d.Land
解析
Amortization spreads the cost of INTANGIBLE assets (patents, goodwill, certain acquired rights) over their useful lives, just as depreciation does for tangible assets. Land is neither depreciated nor amortized.
免费刷完整 1605 道题库 — 无需注册。
同考点相关题目
- A subcontractor invoices $9,000 including $600 of California sales tax on materials. On a lump-sum construction contract where the sub is the consumer, the sales tax is:
- A contractor's current assets are $90,000 and current liabilities are $120,000. His working capital is:
- A contractor wants each job to yield 15% net profit after covering 25% overhead (both measured on direct cost). On a $10,000 direct-cost job, what price recovers overhead and yields the target profit if both percentages are applied to direct cost?
- A contractor's income statement shows revenue $400,000, cost of goods sold $280,000, and operating expenses $90,000. What is net income?
- The main financial risk of taking on a job much larger than a contractor's usual size is:
- A contractor buys $5,000 of materials with terms 1/15, net 45. If he pays on day 12, what does he pay?