The answer is A. 0. 6% of $42,000 is $2520. You only have $567 in medical expenses. You're expense has to be more than $2520 before you can deduct it.
Answer: A. cause incremental cash flows to increase
Explanation:
Incremental Cashflow (ICF) is the added cash that a company gets from embarking on a project which means that this Cashflow must be independent of expenses. If ICF is positive then the company will see it's Cashflow increase if they accept the project because it will contribute to their cash flow.
ICF is calculated from the Net Income of the project but seeing as Depreciation is a non-cash expense that is removed from the Income Statement. In calculating ICF it is added back as ICF deals with actual cash and Depreciation did not cost any actual cash.
More Depreciation therefore means an increase in Incremental Cash flow when it is being calculated from Net Income.
Answer:
The correct answer is that it permits or allows a more accurate determination or ascertainment of the working capital.
Explanation:
Current maturities of the long term debt means that the portion or part of the liabilities of the company which are due in the next twelve months. And the working capital is the capital of business which is needed for daily operations of the business.
So, the present maturities of the debt which is long term, allows the more true and accurate ascertainment of the working capital.
Answer:
a. $175,000
b. $50,000
Explanation:
a. The computation of the warranty expense is shown below:
= Given percentage × units sold × repair average cost
= 2% × 70,000 units × $125 per unit
= $175,000
b. The computation of the warranty liability is shown below:\
= (Given percentage × Units sold × repair average cost) - (Repaired units × repair average cost)
= (2% × 70,000 units × $125 per unit) - (1,000 units × $125 per unit)
= (2% × $8,750,000) - ($125,000)
= $175,000 - $125,000
= $50,000
If the quantity supplied by producers is relatively insensitive to price changes, supply is price inelastic.
Inelastic demand is demand for which the change in quantity demanded is small due to changes in price. Demand is elastic if the formula yields an absolute value greater than 1. In other words, quantity changes faster than price. If the value is less than 1, demand is inelastic.
For example, consumers are less price relatively insensitive if the product or service is unique or has few alternatives. Consumers are less price sensitive when total costs are low relative to total revenues. The total effort compared to the total cost of the final product also influences price sensitivity.
Learn more about price inelastic at
brainly.com/question/5078326
#SPJ4
<em>Your question is incomplete. please read below to find the full content.</em>
If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.
price inelastic.
quantity demanded.
relative price increase.
change in price.