Which of the Following Assets Is Not Depreciated

question 39

Multiple Choice

Which of the following assets is not depreciated?

• A)Store fixtures.
• B)Computers.
• C)Land.
• D)Buildings.
• E)Equipment.

---

Definitions:

Du Pont Identity

A formula that breaks down the return on equity into three parts: profit margin, asset turnover, and financial leverage, to analyze a company's financial performance.

GAAP

Stands for Generally Accepted Accounting Principles, which are a common set of accounting standards and procedures used in the U.S.

Asset Management Ratios

Financial metrics used to evaluate a company's efficiency in managing its assets to generate sales or revenue.

Common Size Statements

Financial statements that present all items in percentage terms; percentage of total assets for balance sheets and percentage of sales for income statements.