Net acquisitions is best described as:
A) The taxable difference between adjusted cost of disposal and UCC, when UCC is smaller.
B) Using a year's capital losses to offset capital gains in past years.
C) Using a year's capital losses to offset capital gains in future years.
D) The increase in value of an investment, when converted to cash.
E) Total installed cost of capital acquisitions minus adjusted cost of any disposals within an asset pool.

Question

Quizplus · Accepted Answer

Net acquisitions refer to the total cost of new capital assets a company has acquired within a specific period, minus any disposals of its assets. This calculation helps in understanding the net addition to the company's capital assets over time, which is essential for assessing investment and divestment activities.

Net Acquisitions Is Best Described As