Use the Following Assets Section of Hu Corporation's Balance Sheets

question 163

Essay

Use the following Assets section of Hu Corporation's balance sheets for the years ended December 31, 2015 and
2014 to answer the questions that follow.
HU CORPORATION
Assets Section of Consolidated Balance Sheets in millions
at December 31,2015 2014
ASSETS Current Assets
$1,889 and $97
Hu Corporation recorded depreciation expense of $344 million for 2014.
-Refer to the information for Hu Corporation.
Required:
Calculate the following ratios for Hu for 2015.
A. Average life of property, plant, and equipment
B. Average age of property, plant, and equipment
C. What information do these ratios provide to investors and creditors?

Grasp the concept and examples of social sharing in digital communities.

Recognize the distinctions between internal and external social networks.

Understand how social networking sites maintain user engagement and marketer dominance.

Identify the roles users play in social media content creation and sharing.

---

Definitions:

Bowed Out

describes a convex curve in economics, typically referring to an indifference curve or a production possibilities frontier, suggesting increasing opportunity costs.

Production Possibilities Curve

A graphical representation showing the maximum number of goods or services that can be produced within a given set of resources.

Suited

The term "suited" refers to being appropriately fitted or tailored for a specific purpose or situation.

Increasing Opportunity Costs

The concept that as the production of one good is increased, the opportunity cost of producing additional units rises.