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2 years ago

What systems are available and specifically the financial benefits iy holds for the user and owner.

Business

1 answer:

Alexeev081 [22]2 years ago

5 0

Answer:

A financial management information system generates data that recipients find to be relevant to their decision-making and reporting processes.

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Bonnie purchased a new business asset (five-year property) on March 10, 2019, at a cost of $30,000. She also purchased a new bus

bearhunter [10]

Answer: The cost recovery deduction for 2019 for these assets is $43000.

Explanation:

New business asset (five year property) purchased March 10, 2019 = $30000

New business asset (seven year property) purchased on November 20, 2019 = $13000

Additional depreciation of the first year is referred as the bonus depreciation.

Also, bonus depreciation in the year 2019 is at 100% of the value of assets bought during this year.

∴ Total assets value = New business asset (five year property) + New business asset (seven year property)

= $30000 + $13000

= $43000

Hence, the cost recovery deduction for 2019 for these assets is $43000.

6 0

4 years ago

Indicate whether it would appear on the statement of cash flows as a(n)? operating activity, investing activity, or financing ac

nikitadnepr [17]

Indicate whether it would appear on the statement of cash flows as operating activities.

There are three types of cash flow: operating cash flow, investment cash flow, and financial cash flow. Operating cash flow is generated from the company's normal operating activities. This includes cash proceeds from sales, cash outlays on goods sold (COGS), and other operating expenses such as overheads and salaries.

Investing cash flows include amounts spent to purchase securities intended to be held as investments, such as securities. B. Stocks or bonds of other companies or the Treasury. Inflows are generated by interest and dividends paid on these holdings.

Learn more about cash flows at

brainly.com/question/735261

#SPJ4

7 0

2 years ago

BruceCo is a small coffee company. Recently, the surgeon general announced that students who consume massive amounts of coffee t

wolverine [178]

Answer: The correct answer is "a. Opportunity".

Explanation: This would be considered an <u>OPPORTUNITY</u> for BruceCo.

This situation according to the SWOT analysis, represents an opportunity for BruceCo because the announcement of an authority reported on a benefit of coffee consumption, and this small coffee producer, can take advantage and exploit this announcement in order to increase its sales.

3 0

3 years ago

Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for e

BabaBlast [244]

Answer:

$950

Explanation:

The computation of the total cost assigned is shown below:

= Direct Material cost + Direct labor cost + overhead cost

where,

Direct material cost is $350

Direct labor cost = $12 × 20 direct labor hours = $240

Overhead cost = $18 × 20 direct labor hours = $360

Now put these values to the above formula

So, the value would equal to

= $350 + $240 + $360

= $950

3 0

3 years ago

Henri earned a salary of $50,000 in 2001 and $70,000 in 2006. The consumer price index was 177 in 2001 and 265.5 in 2006. Henri'

gladu [14]

Answer:

Henri's 2006 salary in 2001 dollars =$46,666.66

Explanation:

A rise in the price index implies inflation

Inflation is the increase in the general price level. Inflation erodes the value of money.

This price index is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.

So we can determine the salary in the base year value as follows:

2006 Salary in the base year terms=

CPI base year/CPI in the current year × salary in the current year

CPI base year- 177, CPI in the current yea- 256.5,

Salary in the current year - 70,000

Henri 2006 Salary in 2001 Dollar

=177/265.5 ×70,000/265.5 = 46,666.66

Henri's 2006 salary in 2001 dollars =$46,666.66

8 0

4 years ago

What systems are available and specifically the financial benefits iy holds for the user and owner.​

What systems are available and specifically the financial benefits iy holds for the user and owner.