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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.

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"Devon takes temporary family leave from her job at equipment rentals and sales company to care for a newborn baby. With respect

Lady bird [3.3K]

Answer: D. Continue it"

Explanation: They do not have any legal reason to stop it, it is part of her right as a worker.

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3 years ago

Explain how a consumer’s place of residence has an especially large impact on their purchase of sports and entertainment commodi

ElenaW [278]

Answer:

Concept: Business digression

Lets assume you live in Los Angeles CA
LA houses the Lakers, dodgers, and so many more big brand teams.

A consumer which is defined as any person in a free and open market to openly trade their wealth and income in return for an item or service.
Residence defined as the area that surrounded the immediate perimeter of the said consumer.
Hence, by the principle of <u>socialization</u><u> </u>people are more inclined to buy sports gear to represent their teams and inclined to participate in consumer purchases based on their peers.
It becomes the "lifestyle" and "ideal" personalities in a place such as LA and this inherently drives up sales of sports and entertainment commodities.
The location, or residence directly <u>exposes</u> the consumer to the products in a market where it "hot" and in style/demand.
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8 0

3 years ago

Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral

yanalaym [24]

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

accrued revenues
accrued expenses
unearned revenues
prepaid expenses
depreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

7 0

3 years ago

Nash's Trading Post, LLC had a balance in the Accounts Receivable account of $761000 at the beginning of the year and a balance

WARRIOR [948]

Answer:

Explanation:

receivable turnover = net credit sales / average inventory

avarage iventory = ($761000 + $841000) / 2 = $801,000

$3,204,000 / $801,000 = 4

8 0

3 years ago

The price of a large pizza decreased from $18.00 to $14.00. As a result, the quantity demanded of skateboards increased from 330

natta225 [31]

Answer:

a. The percentage change in pizza prices is -25.00%.

b. The percentage change in pizza prices is 5.88%.

c. The cross elasticity of demand for pizza and skateboards is -23.53%.

We follow these steps to arrive at the answer.

<h3>a. Percentage change in price of pizza</h3>

The percentage change in price of pizza using the midpoint formula is:

$percentage change in price = ({\frac{P_{2} - P_{1}}{Average price})*100$

$Average Price = \frac{P_{2} + P_{1}}{2}$

In this question, P₁ is $18 and P₂ is $14

Substituting the values in the formula above we get,

$Average Price = \frac{14 + 18}{2}$

$Average Price = \frac{32}{2}$

$Average Price = 16$

$percentage change in price = (\frac{14 - 18}{16})* 100$

$percentage change in price = (\frac{-4}{16}) * 100$

$percentage change in price = -25$ %

<h3>b. Percentage change in quantity demanded of skateboards</h3>

The percentage change in quantity of skateboards using the midpoint formula is:

$percentage change in quantity = (\frac{Q_{2} - Q_{1}}{Average Quantity})*100$

In this question, Q₁ is 330 and Q₂ is 350

Substituting the values in the formula above we get,

$Average quantity = \frac{Q_{2} + Q_{1}}{2}$

$Average quantity = \frac{350 + 330}{2}$

$Average quantity = 340$

$percentage change in quantity = (\frac{350 - 330}{340})*100$

$percentage change in quantity = (\frac{20}{340})*100$

$percentage change in quantity = 5.8823529$ %

<h3>c. Cross Elasticity of demand of skateboards and pizza</h3>

We calculate the cross elasticity of demand as follows:

$Cross Elasticity Demand = \frac{percentage change in quantity of skateboards}{percentage change in price of pizza}$

$Cross Elasticity Demand = \frac{0.058823529}{-0.25}$

$Cross Elasticity Demand = -0.235294118$

$Cross Elasticity Demand = -23.53$ %

7 0

3 years ago