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Troyanec [42]
4 years ago
7

If an expenditure related to a depreciable asset is incorrectly treated as a capital expenditure, instead of as repairs and main

tenance expense, which of the following statements is true?A. The current year's net income will be lower and future depreciation expense will be higher.
B. The current year's net income will be higher and future depreciation expense will be lower.
C. The current year's net income will be higher and future depreciation expense will be higher.
D. The current year's net income will be lower and future depreciation expense will be lower.
Business
1 answer:
ratelena [41]4 years ago
5 0

Answer:

The answer is letter C.

Explanation:

The current year's net income will be higher and future depreciation expense will be higher.

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Software Riverside Company issued long-term debt of 410 paid dividends of 20 and issued capital stock of 100. Cash flow from fin
Mazyrski [523]

Answer:

Cash flow from from financing activities = $490

Explanation:

<em>The cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest.  </em>

Cash flow                                    $

issue of long term debt           410

Cash dividend paid                  (20)

Capital stock issued                  <u>100 </u>

Net cash from financing activ.  <u>490</u>

Cash flow from from financing activities = $490

8 0
3 years ago
If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a
SIZIF [17.4K]

The seller may inform the customer of the details by issuing a credit memo .

A credit note or credit memo is a commercial document issued by a seller to a buyer. A credit memo serves as the source document for the sales return journal. In other words, the credit is evidence of a decline in sales. A credit is a short form of term credit and is evidence of a reduction in the amount owed by the buyer to the seller on a previous invoice.

A document from the bank to the depositor may also indicate that the depositor's account balance is in a non-deposit event such as B. Collection of the depositor's exchange bill by the bank.

A credit memo lists the products, quantities, and agreed prices for products or services offered by the Seller to the Buyer but not returned or received by the Buyer. May be issued for damaged goods, errors, and repairs.

Learn more about Credit memos here: brainly.com/question/14279491

#SPJ4

4 0
2 years ago
A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides t
r-ruslan [8.4K]

It will result in an increase in average inventory as larger batches require more time to be completed.

<h3>What is Operations Management?</h3>

Operations management (OM) is the management of business practices within an institution to achieve the highest level of efficiency possible. It is involved with converting materials and labor as efficiently as feasible into goods and services in order to maximize an institution's profit.

<h3>What are the 3 types of operations management?</h3>
  • Product design and product.
  • Planning and managing of manufacturing facilities.
  • Purchasing/procurement.
  • Forecasting.
  • Capability planning.
  • Inventory control.
  • Quality control.
  • Delivery to clients.

To learn more about Operations management, refer

brainly.com/question/1382997

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3 0
2 years ago
Amy, who has been an accountant for 12 years, worked for Arnold and Post, a mid-size law firm in Huntsville. At the end of each
mel-nik [20]

Answer:

time period

Explanation:

In accounting, the time period principle states that a firm must report its financial statements for specific periods of time. For example, the Securities and exchange Commission (SEC) requires public corporations to submit their financial reports every quarter. This is done in order for accounting periods to be comparable, e.g. comparing a quarterly report vs an annual report is not correct.

3 0
3 years ago
If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the s
son4ous [18]

Answer:

False.

Explanation:

The concept of "Nash equilibrium" is been by economist and also by "gamers" in game theory. Nash equilibrium is so good for making decisions and the determination of strategies.

In playing this game, the players or participants can use the pure strategy or the mixed strategy. The mixed strategy is the use of different strategies randomly.

"If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the same as the payoff from using any of the pure strategies in it".

The statement given above is FALSE because the PAYOFF WILL INCREASE IF WE ARE TO PLAY A MIXED STRATEGY.

For instance if we have a head of 1 and -1, and a tail of -1 and 1, the payoff for pure strategy is likely one or minus one but for a mixed strategy it could be zero.

8 0
3 years ago
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