Match the following terms:
- a. b. c. Residual Value is not considered
- a. b. c. Easiest method
- a. b. c. Unit of output can be expressed in terms of hours, miles driven, or quantity produced
- a. b. c. Cost - Residual Value/ Useful Life
- a. b. c. Cost - Residual Value/Total Units of Output
- a. b. c. Rate X Cost= Depreciation Expense; Cost - Depreciation Expense
a. Straight-line Method
b. Units of Output Method
c. Double Declining Balance Method
Match the following terms:
- a. b. c. Market rate is less than contract rate
- a. b. c. Market rate equals contract rate
- a. b. c. Market rate is greater than contract rate
a. Face Value
b. Discount
c. Premium