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2 years ago

An increase in depreciation expense will ____ cash flows from operations.

Business

1 answer:

bezimeni [28]2 years ago

5 0

Answer:

decrease

Explanation:

As depreciation expense increases, income, taxes, and cash flows will all decrease.

Pls mark brainliest

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10) At the beginning of the year, Lucy company estimated that the total annual fixed overhead costs would amount to $25,000. Fur

adoni [48]

Answer: A. Products were overcosted during the year.

Explanation:

At the budgeted figures of $25,000 fixed overhead costs and the 2,000 units of production, the predetermined fixed overhead rate is:

= 25,000 / 2,000

= $12.50 per unit

However, the company then produces 2,200 units at the same cost of $25,000 making the actual predetermined fixed overhead rate:

= 25,000 / 2,200

= $11.36 per unit

<em>The actual rate is less than the predetermined rate which means that the products had originally be overcosted by being apportioned higher expenses. </em>

4 0

3 years ago

Nash Incorporated factored $156,000 of accounts receivable with Crane Factors Inc. on a without-recourse basis. Crane assesses a

ella [17]

Answer:

Nash Incorporated,

Dr Cash $143,520

Dr Due from Factor $9,360

Dr Loss on Sale of Receivables $3,120

Cr Accounts Receivable $156,000

Crane Factors

Dr Accounts Receivable $156,000,

Cr Due to Customer Nash $9,360

Cr Interest Revenue $3,120

Cr Cash $143,520

Explanation:

Preparation of the journal entry for Nash Incorporated and Crane Factors to record the factoring of the accounts receivable to Crane.

Nash Incorporated,

Dr Cash $143,520

($156,000-$9,360-$3,120)

Dr Due from Factor $9,360

(6%*$156,000)

Dr Loss on Sale of Receivables $3,120

(2%*156,000)

Cr Accounts Receivable $156,000,

Crane Factors

Dr Accounts Receivable $156,000,

Cr Due to Customer Nash $9,360

(6%*$156,000)

Cr Interest Revenue $3,120

(2%*156,000),

Cr Cash $143,520

($156,000-$9,360-$3,120)

8 0

3 years ago

After using market research to identify the target audience for his advertising campaign, jorge will next use this information t

beks73 [17]

Answer:

D. Set explicit and measurable objectives for the campaign.

5 0

4 years ago

Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The compan

ivanzaharov [21]

Answer:

The sales unit to achieve a target profit of $6,250 is 545 units

The sales units to achieve to achieve a target profit of $9,400 is 590 units

Explanation:

The quantity at target profit=fixed cost+target profit/contribution per unit

fixed expense=$31,900

target profit $6,250

contribution per unit=$140-$70

=$70

unit sales at a target profit of $6,250=($31,900+$6,250)/$70

=545 sales units

fixed expenses $31900

target profit of $9400

contribution per unit is $70

unit sales at a target profit of $9,400=($31900+$9400)/$70

=590 sales unit

8 0

3 years ago

Drag the tiles to the correct boxes to complete the pairs.

scZoUnD [109]

Can help in a emergency = using saving account money
establishing good credit = using credit cards
does not require planning = making impulse purchases
can result in crushing interest expenses = obtaining a loan for a major purchase
Hopefully this helped!

8 0

3 years ago