In General,a Data Destination Will Be Shown by

question 49

Multiple Choice

In general,a data destination will be shown by

• A)an arrow pointing away.
• B)an arrow pointing in.
• C)arrows pointing both ways.
• D)no arrows,only two horizontal lines.

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Definitions:

Salvage Value

The calculated remaining value of an asset at the close of its productive life.

Depreciation Expense

An accounting method of allocated the cost of a tangible or physical asset over its useful life, representing how much of the asset's value has been used up.

Total Asset Turnover

A measure assessing the productivity of a company's assets in producing sales revenue.

Net Sales

The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.