Assets at year end 1,800,000 2,500,000
Liabilities at year end 1,100,000 1,500,000
What is Sifton’ s asset turnover for 2015?
5) Which of the following principles best describes the conceptual rationale for the methods of matching depreciation expense with revenues?
6) Slotkin Products purchased a machine for $ 39,000 on July 1, 2014. The company intends to depreciate it over 8 years using the