Search results
Results from the WOW.Com Content Network
Amortization is recorded in the financial statements of an entity as a reduction in the carrying value of the intangible asset in the balance sheet and as an expense in the income statement. Under International Financial Reporting Standards , guidance on accounting for the amortization of intangible assets is contained in IAS 38. [ 1 ]
An asset's initial book value is its actual cash value or its acquisition cost. Cash assets are recorded or "booked" at actual cash value. Assets such as buildings, land and equipment are valued based on their acquisition cost, which includes the actual cash cost of the asset plus certain costs tied to the purchase of the asset, such as broker fees.
Shaft voltage occurs in electric motors and generators due to leakage, induction, or capacitive coupling with the windings of the motor. It can occur in motors powered by variable-frequency drives, as often used in heating, ventilation, air conditioning and refrigeration systems. DC machines may have leakage current from the armature windings ...
Goodwill and intangible assets are usually listed as separate items on a company's balance sheet. [ 4 ] [ 5 ] In the b2b sense, goodwill may account for the criticality that exists between partners engaged in a supply chain relationship, or other forms of business relationships, where unpredictable events may cause volatilities across entire ...
CVS Health's Caremark, Cigna's Express Scripts and UnitedHealth Group's Optum control the majority of the U.S. pharmacy benefit market, with their parent companies also operating health insurance ...
Hundreds of prisoners are helping to battle the wildfires in the Los Angeles area.. Incarcerated firefighters earn $26.90 to $34 for each 24-hour shift. It's far below California's minimum wage of ...
The return of WWE’s “Saturday Night’s Main Event” did well in the ratings for NBC. The two-hour broadcast pulled in 2.3 million viewers on Saturday night between 8 and 10 p.m. ET/PT.
A taxpayer may group assets together into a general asset account. The grouped assets must have the same life, method of depreciation, convention, additional first year depreciation percentage, and year (or quarter or month) placed in service. Listed property or vehicles cannot be grouped with other assets.