G10 会计- depreciation & ratio

折旧的英文是？

(a)  

What is the English meaning of "剩余价值"?

(a)  

What is the Chinese meaning of "accumulated depreciation"?

(a)  

Definition of depreciation.

• The increase in value of a non-current asset over its useful economic life is known as depreciation.

• The loss in value of a current asset over its useful economic life is known as depreciation.

• The loss in value of a non-current asset over its useful economic life is known as depreciation.

• The increase in value of a current asset over its useful economic life is known as depreciation.

Which are the causes of depreciation? (At least 2 choices are correct)

• Physical deterioration

• Technical obsolescence

• Reduction of natural resources

• The passage of time in the case of leasehold property

Which method can not be used to calculating depreciation?

• Straight line method

• Increasing balance method

• Decreasing balance method

• Revaluation method

What can be used as a formula of straight line method? (two correct answers)

• Depreciation expense per year= (Cost−residual value)÷useful economic life

• Depreciation expense per year= Carrying value ÷useful economic life

• Depreciation expense per year= Carrying value ×depreciation rate(%)

• Depreciation expense per year= (Cost-residual value)×depreciation rate(%)

Cost - accumulated depreciation = ?

(a)  

How to calculate depreciation expense using reducing balance method?

• Depreciation expense per year= (Cost-residual value)×depreciation rate(%)

• Depreciation for the year=A fixed annual depreciation rate(%)× residual value

• Depreciation for the year=A fixed annual depreciation rate(%)×cost

• Depreciation for the year=A fixed annual depreciation rate(%)× carrying value

The formula of "Gross profit margin" is ?

• (Gross profit÷ Revenue) × 100%

• (Net profit÷ Revenue) × 100%

• (Net profit÷ Cost of sales) × 100%

• (Gross profit÷ Cost of sales) × 100%