GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a non-cash charge a firm takes for the general wearand tear on its capital goods
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merger
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net income
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depreciation
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multinational
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vertical merger
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Explanation:
Detailed explanation-1: -Depreciation means fall in the value of assets. The net result of an asset’s depreciation is that sooner or later the asset will become useless. Depreciation does not result in outflow of cash and hence, it is a non-cash expenses.
Detailed explanation-2: -Non-cash charges can include expenses such as depreciation, amortization, and depletion. Since non-cash charges are still included as expenses, they will be accounted for as deductions in the income statement and lower overall earnings.
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