Last year Art charged $5,880,000 Depreciation on the Income Statement of Andrews. If early this year Art purchased a new depreciable asset, the effect on Andrews's financial statements would be (all other items remaining equal):

Answers

Answer 1

Answer:

Increase Net Cash from operations

Explanation:

Depreciation is an element for Non-Cash. This is, there is no cash payment involved. If depreciation is an allowable expense then it reduces the company's tax burden. In other words, by paying depreciation as allowance cost the corporation can save the tax amount. The depreciation thus raises Net Cash From Service.


Related Questions

Suppose the price level for the country above was 110 in 2014 and 115 in 2015. Also, suppose nominal GDP in 2014 was $13,974
billion and nominal GDP in 2015 was $17,937 billion. Which of the following statements is not correct?

Answers

The incorrect statement is : The inflation rate was almost 8% from 2014 to 2015

Gross domestic product is the sum of final goods and services produced in a country in a given period within a given period

Nominal GDP is GDP calculated using current year prices

Real GDP is GDP calculated using base year prices.

Inflation is the persistent increase in the price levels in an economy

Nominal GDP increase  = ($17,937 / $13,974) - 1 = 0.2836 = 23.86%

The economy grew because nominal GDP increased.

Percentage increase in inflation = (115 / 110) - 1 = 0.0455 = 4.6%

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What could be driving the tremendous growth in Salesforce.com’s stock price and revenue? and Why do you think investors put such a high premium on Salesforce.com’s stock?

Answers

Salesforce's fourth quarter of fiscal 2023, which concluded on January 31, saw a 14% year-over-year increase in revenue to $8.4 billion. Wall Street forecasts projected for $8 billion in revenue, thus this exceeded their projections.

Why investors put such a high premium on Salesforce.com’s stock?

Shares of Salesforce (CRM) are soaring after the software giant reported profits that above analyst expectations, provided a more optimistic outlook, and announced intentions to increase stock buybacks in response to pressure from activist investors. Salesforce's $8.4 billion in revenue increased by 14%, above the predicted 9.2% rise. The yearly revenue for Salesforce in 2023 was $31.352 billion, an increase of 18.35% over 2022.

Salesforce's yearly sales in 2022 increased by 24.66% from 2021 to $26.492 billion. A 24.3% rise from 2020, Salesforce's yearly revenue in 2021 was $21.252 billion. According to valuation criteria, Salesforce Inc. can be overpriced. It would not be a good choice for value investors, according to its Value Score of D. CRM's financial stability and expansion prospects show that company has the potential to perform worse than the market.

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Consider a level annuity immediate lasting four years, paying £1000 at t = 1, 2, 3, 4.
a) Compute the present value of this annuity on the basis of i = 0.06.
b) Compute the future value of this annuity on the basis of i = 0.06.

Answers

The present value is given as £3495.06.

The future value is given as £4471.14.

How to solve

a) The present value of an annuity immediate is calculated using the formula \(PV = Pmt * [(1 - (1 + i)^-n) / i],\)

where Pmt = £1000, i = 0.06, and n = 4.

So, PV = \(1000 * [(1 - (1 + 0.06)^-4) / 0.06] ≈ 3495.06.\)

The present value is given as £3495.06.

b) The future value of an annuity immediate is calculated using the formula FV = \(Pmt * [((1 + i)^n - 1) / i].\)

So, FV = £\(1000 * [((1 + 0.06)^4 - 1) / 0.06]\) ≈ £4471.14.

The future value is given as £4471.14 as requested.

In summary,

The present value is given as £3495.06.

The future value is given as £4471.14.

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the meaning of socio economic issues​

Answers

Answer:

Socio-economic issues are factors that have negative influence on an individuals' economic activity including: lack of education, cultural and religious discrimination, overpopulation, unemployment and corruption.

How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?

Answers

It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.

CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.

As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.

It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.

This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.

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When a change in the price level leads to a change in the interest rate and thus a change in the quantity of aggregate demand, it is called the:

Answers

Answer:

interest rate effect

Explanation:

What are the two types of Insider Trading? ​

Answers

Explanation:

One is legal while the other is illegal.

Legal insider trading is when insiders trade the company's securities and report the trades to the authorities.

LA Company has a beginning cash balance of $6,000, cash receipts of $12,000, cash payments of $7,200 and an outstanding loan balance of $1,500. Their preliminary cash balance is $

Answers

Based on the information given their preliminary cash balance is $9,300.

Preliminary cash balance

Using this formula

Preliminary cash balance= Beginning cash balance + cash receipts- cash payment -outstanding loan balance

Let plug in the formula

Preliminary cash balance=$6,000+$12,000-$7,200-$1,500

Preliminary cash balance=$9,300

Inconclusion their preliminary cash balance is $9,300.

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Answer:

10800

Explanation:

5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60% ​

Answers

Answer: C. 40.4%

Explanation:

To find the rate of change in production, we can use the following formula:

Rate of change = (New value - Old value) / Old value * 100

Where,

Old value = Production of last month = 900

New value = Production of this month = 1264

Substituting the values in the formula,

Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%

Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!

Answer:

The correct answer is C.

Explanation:

The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%

A company's current assets are $26,420, its quick assets are $15,090 and its current liabilities are $12,520. Its acid-test ratio equals:

Answers

Answer: 1.21

Explanation:

Acid test ratio is also referred to as the quick ratio and it is calculated as:

Acid-Test Ratio = Quick Assets / Current Liabilities

where,

Quick assets = $15090

Current liabilities = $12520

Acid test ratio = $15090 / $12520

= 1.2052

= 1.21

performance.
Below is the information relating to production and sale of the
threeproducts for the year ending 31 December 2019:
Particulars
Krollers
Bags
Output sold (000)
Unit sales and costs
Selling price
Direct materials
Direct labour
Fixed production costs
Selling and distribution
Costs
Layers
Bags
1,200
Shs
1,050
Shs
Broilers
Bags
1,300
Shs
200,000 185,000 180,000
90,000 100,000
60,000 50,000
28,000 24,000
7,000 7,000
80,000
45,000
30,000
7,000
Administrative costs
5,000 5,000
6,000
Management accountant further advised that shutting down the
production line of feed concentrate for Kroilers will save 20% of the
total annual fixed costs.
Required:
Advise SIL's management, on whether the production line of
feed concentrate for Kroilers should be shut down.
(9 marks)

Answers

Based on the information provided, I recommend that SIL does not shut down the production line of feed concentrate for Kroilers

How to explain the information

The decision to shut down a production line is a complex one that should be made on a case-by-case basis.

In the case of SIL, the management accountant has advised that shutting down the production line of feed concentrate for Kroilers will save 20% of the total annual fixed costs. This would result in a net profit increase of Shs. 2,800,000 (20% of 28,000,000). However, there are a number of other factors that need to be considered.

Based on the information provided, I recommend that SIL does not shut down the production line of feed concentrate for Kroilers. The financial benefits of the closure would be offset by the costs of job losses, lost sales, and damage to the company's reputation. The company should explore other options, such as finding a way to reduce costs without closing the production line.

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based on predicted production of 48,000 units, a company budgets $600,000 of fixed costs and $492,000 of variable costs. if the company actually produces 40,000 units, the flexible budget amount of fixed costs is $600,000.

Answers

Fixed cost that will remain same as $600000 because it does not change even after the increase or decrease of the goods.

Fixed cost is the cost of a business expense that doesn't change even when there's an increase or decrease in the number of goods and services produced or sold. Fixed costs are commonly related to recurring expenses that aren't directly related to production such as rent, interest payments, and insurance. Fixed costs remain the same irrespective of the level of output. Thus the fixed cost in the flexible budget would remain the same as in the static budget. Thus the fixed costs would be $600,000. it will not change.

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The current federal minimum wage is $7.25 per hour and has not increased since July
2009. The cumulative inflation in 10 years has been approximately 19.33% (2019-2009). Other
things the same, what should be the minimum wage in 2019 such that workers that minimum
wage workers could keep their purchasing power-that is, 0% change in the real wage?

Answers

For covered nonexempt workers, the federal minimum wage is $7.25 per hour.

How would a higher minimum wage impact the income of families?

A higher minimum wage might lift some of these families out of poverty by increasing the real income of low-wage employees who have jobs (i.e., income adjusted to eliminate the impacts of inflation).

What happens when the minimum wage goes up?

The minimum wage increase lowers turnover. Lower employee turnover results from higher compensation, which lowers the expenses of hiring and training new employees. According to a Center for American Progress report, replacing low-wage workers will cost roughly 16 percent of their annual compensation.

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David is a licensed agent who typically represents homeowners looking to sell their house. As an agent, David has limited authority when working with clients, and his duties are limited to those outlined in the listing agreement. How would you characterize David's agency relationship?

Answers

The best way to characterize David's agency relationship is:

D. David is a special agent since he is only responsible for one property at a time with limited duties.Who is an Agent?

This refers to a person who represents another person and their interests when dealing with the buying or selling of property.

With this in mind, we can see that because David is a licensed agent, he represents homeowners but has limited authority when working with clients and his agency relationship is one that he is a special agent since he is only responsible for one property at a time with limited duties.

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Which of the following would provide you with information about the health of the U.S. economy: *

Answers

Answer:

this makes no sence!

Explanation:

Describe how sales and consumer-related legislation and regulations affect the delivery of customer service

Answers

Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.

There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.

Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.

Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.

Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.

Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.

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Founded nearly 50 years ago by Alfred Lester-Smith, Beautiful Clocks specializes in developing and marketing a diverse line of large ornamental clocks for the finest homes. Tastes have changed over the years, but the company has prospered by continually updating its product line to satisfy its affluent clientele. The Lester-Smith family continues to own a majority share of the company and the grandchildren of Alfred Lestef-Smith now hold several of the top managerial positions. One of these grandchildren is Meredith Lestef-Smith, the new CEO of the company. Meredith feels a great responsibility to maintain the family heritage with the company. She realizes that the company needs to continue to develop and market exciting new products. Since the 50th anniversary of the founding of the company is rapidly approaching, she has decided to select a particularly special new product to launch with great fanfare on this anniversary. But what should it be?

Answers

Answer:

Beautiful Clocks

It should be a large Golden (50th Year) Anniversary Ornamental Clock with gold-tinted background.

Explanation:

This type of clock will be handy for those who want to celebrate their friends' 50th birthdays and other anniversaries.  It will also immortalize the Beautiful Clock Company as an entity that lives with the time.  This clock will be exciting to its affluent clientele, who are always in celebration moods.

your portfolio has grown from $2500 to $3800 what is the percent of the growth rate

Answers

Answer:

52%

Explanation:

(3800-2500)÷2500×100 = 52% as your growth rate

Which statements are true about making decisions? Select ALL that apply
A. Good decisions result in positive outcomes.
B. Decisions require making trade-offs.
C. Clear rationales are an indication that a decision is good.
D. The first step in the decision-making process is collecting information.

Answers

Answer:

D And C

Explanation:

because clear rational thinking and collecting information gives you knowledege Deal with it and you'll be fine

You just acquired 1,000 from the lottery.
You decide to invest in stocks with it (like a smart person should). You figure on buying apple stock which costs $100 a share. How many shares would you own of apple if you bought $1,000 worth of apple stock at $100 a share.

Answers

If you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.

To determine the number of shares you would own of Apple stock if you bought $1,000 worth of stock at $100 per share, you need to divide the total investment amount by the price per share.

Number of shares = Total investment amount / Price per share

In this case, the total investment amount is $1,000 and the price per share is $100.

Number of shares = $1,000 / $100

= 10 shares

Therefore, if you bought $1,000 worth of Apple stock at $100 per share, you would own 10 shares of Apple stock.

It's important to note that stock prices fluctuate, so the actual number of shares you would own may vary depending on the current market price at the time of purchase. Additionally, transaction fees and other costs associated with buying stocks should also be taken into consideration.

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Which of the following is most likely to raise a significant ethical issue? (select one).
An Undergraduate is asking participants about their impressions of changes in book illustration.
An Undergraduate studying sociolinguistics wants to research the Polish community in Cambridge. She is interested in which parents use Polish to speak to their children and which English. The researcher mixes with Polish people to observe them, but does not let anyone know she understands Polish.
Analysing public spending patterns over a 5-year period using secondary research resources.

Answers

The most likely research topic to raise a significant ethical issue is option B. An undergraduate studying sociolinguistics who wants to research the Polish community in Cambridge. She is interested in which parents use Polish to speak to their children and which English. The researcher mixes with Polish people to observe them but does not let anyone know she understands Polish.

Research ethics are rules of conduct that govern the conduct of research. They are based on ethical principles that assist researchers in determining how to respond to ethical issues that arise in their work. Researchers must follow specific ethical guidelines in order to ensure that their work is conducted ethically and that any potential risks to participants are minimized. Researchers must take care to protect the rights and welfare of the participants in their research.

Ethical research requires that participants be provided with informed consent before they can be included in a research study. They must be informed about the nature of the research, its purpose, risks and benefits, and any other relevant information that might help them decide whether to participate. Researchers must also ensure that their research is conducted in a way that is respectful of the dignity and autonomy of participants. They must take steps to minimize any harm or discomfort that might be caused by their research.

In option B, the researcher mixed with Polish people to observe them but did not let anyone know she understood Polish. This is a violation of research ethics because it is deceptive and may cause harm to the participants. It is also a violation of their privacy and autonomy. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

Which of the following is most likely to raise a significant ethical issue? (select one).

A. An Undergraduate is asking participants about their impressions of changes in book illustration.

B. An Undergraduate studying sociolinguistics wants to research the Polish community in Cambridge. She is interested in which parents use Polish to speak to their children and which English. The researcher mixes with Polish people to observe them but does not let anyone know she understands Polish.

C. Analyzing public spending patterns over a 5-year period using secondary research resources.

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Please i need an answer

Please i need an answer
Please i need an answer

Answers

Answer:I need points

Explanation: by 7-4p 4

How can problem solving skills assist a grade 12 leaver in the world of work

Answers

Answer:

what is a warm front occlusion

Convey your question properly bro/Bri

all other things being equal, decreasing fixed cost will increase the number of units that must be sold to earn a desired profit. this statement is

Answers

FALSE: Generally speaking, lowering fixed costs will result in a higher requirement for units sold in order to achieve the targeted profit. This assertion is untrue.

Explain the effect of fixed cost on profit?

Variable costs are those that rise or fall in line with the volume of goods produced, while fixed costs remain constant regardless of output levels.

Costs known as fixed costs are those that are independent of production levels. This does not imply that these costs are fixed; occasionally, rent is increased and insurance costs decrease.Instead, this absence of a connection between the cost and the quantity produced is what is meant by the phrase "fixed." Rent is payable for usage of the warehouse or manufacturing facility whether the business produces 100 or 1,000 rocking chairs.Payroll for salaried personnel, payroll taxes, employee compensation, and office supplies are additional common fixed cost factors.

Generally speaking, lowering fixed costs will result in a higher requirement for units sold in order to achieve the targeted profit.

Thus, this assertion is untrue.

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Value of a mixed stream Harte​ Systems, Inc., a maker of electronic survillance​ equipment, is considering selling to a​ well-known hardware chain the rights to market its home security system. The proposed deal calls for the hardware chain to pay Harte ​$30,000 and ​$25,000 at the end of years 1 and 2 and to make annual​ year-end payments of ​$15,000 in years 3 through 9. A final payment to Harte of ​$10,000 would be due at the end of year 10. a. Select the time line that represents the cash flows involved in the offer. b. If Harte applies a required rate of return of 12​% to​ them, what is the present value of this series of​ payments? c. A second company has offered Harte an immediate​ one-time payment of ​$100,000 for the rights to market the home security system. Which offer should Harte​ accept?

Answers

Answer:

101,288

Explanation:

We can calculate the present value of each cash flow by dividing it by the rate of return along with the power of each period in which each cash flow occurs.

Requirement a:  Timeline that represents the cash flows involved in the offer

year 1 - 30,000  

year 2- 25000  

year 3 - 15000  

year 4 -15000  

year5 -15000

year6 -15000

year 7-15000

year8 -15000

year9 -15000

Requirement b: If Harte applies a required rate of return of 12​% to​ them

                                                  Present Value

year 1 - 30,000 /1.12                     26,786

year 2- 25000  /(1.12)^2               19,930

year 3 - 15000  /(1.12)^3               10,677

year 4 -15000  /(1.12)^4                9,533

year5 -15000 /(1.12)^5                  8,511

year6 -15000 /(1.12)^6                  7,599

year 7-15000/(1.12)^7                    6,785

year8 -15000 /(1.12)^8                  6,058

year9 -15000/(1.12)^9                   5,409

                                                   101,288

Requirement C:

It should accept the second offer of paying $100,000 as the first offer payment (i.e $101288.5) is greater than $100000

select a business from any of three business sectors​

Answers

A business from any three business sectors is industry. Businesses clearly differ in what they do.

Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.

As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.

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Lynx Corp. The data presented below for Lynx Corp. are for the year ended December 31, 2017: Sales (100% on credit) $1,000,000 Sales returns 30,000 Accounts receivable (December 31, 2017) 170,000 Allowance for doubtful accounts (credit balance) (before adjustment at December 31, 2017) 1,300 Estimated amount of uncollectible accounts based on aging analysis 14,000 See the data for Lynx Corp. If Lynx Corp. uses the aging of accounts receivable approach to estimate its bad debts, what amount will be reported as bad debts expense for 2017

Answers

Answer:

Allowance for Doubtful Accounts 69,000

Explanation:

If the company estimates its bad debt to be 2% of net credit sales:

sales                        2,500,000

return and allowance (50,000)

               net sales 2,450,000

Then, we calculate 2% of this amount:

2,450,000 x 0.02 = 49,000

As the uncollectible amounts are related to sales rather than account receivable we adjust for the full value giving an ending value of:

beginning 20,000 + adjustment 49,000 = 69,000

Evaluate Microsoft’s products recent expansions into areas as search engines and smart phones. Do you think these is good areas of growth for Microsoft? why or why not?

Answers

The recent expansions of Microsoft's products in areas such as search engines and smartphones was a strategy for the company to enter a technological market and expressive growth in the global market, with the insertion of the brand's smart phones in the market.

Microsoft's insertion in the mobile telephony area was a strategy that did not achieve the expected results, being unsuccessful due to the consolidation of strong competing brands, such as Samsung and Apple.

The entry into the search engine market was also ineffective, as the strongest competitor in the market, invests heavily in innovation, leaving the Microsoft Bing product without a chance of competitiveness.

What is the effective strategy for Microsoft?

Analyzing the attempts to enter late in highly competitive markets and with strong brands, Microsoft must then focus on its main product, which are Windows operating systems, and diversify its products and services in those already consolidated in the market and innovate them to be successful.

Therefore, any insertion of a brand in a new market is a risky strategy that can be successful or not, and there must be a high level of planning to reduce negative risks.

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Why is it a good idea to have a security policy that defines the incident response process in your organization

Answers

so that people know what step to take, and what steps will be taken in the event of an incident..... The post-mortem, lessons learned step is the last in the incident response progress.

management approval of sanlam​

Answers

Answer:

Hello!

What is nedded here?

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