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3 years ago

What Acts of Parliament govern the operation of incorporated not-for-profit organisations?

1 answer:

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Answer:The Australian Charities and Not-for-profits Commission Act 2012 (ACNC Act) governs eligibility of a not-for-profit entity to be registered as a charity for federal purposes, and establishes governance standards and reporting requirements for registered organizations

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Explanation:

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Determining asset cost, preparing depreciation schedules (3 methods), and identifying depreciation results that meet management

den301095 [7]

Answer:

total cost = $100,000 + $3,000 + $600 + $10,400 = $114,000

straight line depreciation expense = ($114,000 - $12,000) x 1/5 = $20,400

year depreciation expense book value

1 $20,400 $93,600

2 $20,400 $73,200

3 $20,400 $52,800

4 $20,400 $32,400

5 $20,400 $12,000

RESULTS IN HIGHER INCOME DURING THE FIRST YEAR.

units of production deprecation = ($114,000 - $12,000) / 136,000 = $0.75 per mile

year depreciation expense book value

1 $24,000 $90,000

2 $24,000 $66,000

3 $24,000 $42,000

4 $24,000 $18,000

5 $6,000 $12,000

double-declining-balance depreciation:

depreciation year 1 = $114,000 x 2/5 = $45,600

depreciation year 2 = $68,400 x 2/5 = $27,360

depreciation year 3 = $41,040 x 2/5 = $16,416

depreciation year 4 = $24,624 x 2/5 = $9,850

depreciation year 5 = $14,774 - $12,000 = $2,774

year depreciation expense book value

1 $45,600 $68,400

2 $27,360 $41,040

3 $16,416 $24,624

4 $9,850 $14,774

5 $2,774 $12,000

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3 years ago

Jackson automotive has net working capital of $22,600, current assets of $56,500, equity of $62,700, and long-term debt of $31,9

Roman55 [17]

Jackson automotive has net working capital of $22,600, current assets of $56,500, equity of $62,700, and long-term debt of $31,900. the amount of the net fixed assets is $72,000

Net fixed assets = $31,900 + 62,700 − 22,600 = $72,000

What is net fixed assets?

A measure called net fixed assets assesses the fixed assets' net value. It is determined by adding the purchase prices of all fixed assets and any subsequent upgrades. Next, take away any accumulated depreciation from the amount.

Therefore,

the amount of the net fixed assets is $72,000

Net fixed assets = $31,900 + 62,700 − 22,600 = $72,000

To learn more about net fixed income from the given link:

brainly.com/question/14643706

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2 years ago

Cork inc. declared a $160,000 cash dividend. it currently has 6,000 shares of 6%, $100 par value cumulative preferred stock outs

BaLLatris [955]

Cork has to pay preferreds first. Owe 6000 x 6 or 36,000 to preferred holders. So 160k - 36k = $124k left for common.

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3 years ago

There is only one accepted format for a formal business letter. True False

Dimas [21]

False, there are more than one accepted letter format.

Let's get further into learning this:

There are two basic groups, The Block Format and The Various Indented formats.

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7 0

3 years ago

The time value of money theory consists in four beliefs: (1) Investment risk is important; (2) money today is worth more than mo

Schach [20]

Answer:

The four beliefs are true. But accuracy is demanded

Explanation:

1 Investment risk is important ir order to estimate the likelihood of occurrance of losses in the future.

2. money today is worth more than the same amount of money tomorrow.

3. inflation must be considered when making investment decisions, because makes money lose their value in the future.

4. investment opportunity costs must be considered. Is necessary to compare investments with financial products or other commercial activities.

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3 years ago