Answer:
1. Compute the annual depreciation expense prior to the change in estimates.
annual depreciation = ($396,000 - $36,000) / 50 = $7,200 per year
2. Compute the annual depreciation expense after the change in estimates.
annual depreciation = ($324,000 - $30,000) / 20 = $14,700 per year
3. What will be the net effect of changing estimates on the balance sheet, net income, and cash flows for the year?
Any changes in an asset's useful life are reported prospectively, this means that they do not affect any past records, only future records are affected. In this case, the depreciation expense per year will increase form $7,200 to $14,700, so net income will be negatively affected by it. Cash flows will not be affected, since depreciation expense is a non-cash expense. P,P&E on the balance sheet will be affected because the net value of the building will decrease faster.
Answer: the maximum price (future amount) he could pay is
“$4,882.5“
Explanation:
The question above can be calculated using simple interest formula with amount ;
A = p + prt
A = p (1 + rt)
From above question, variables given are:
principal 'p' = $3,500
time 't' = 5years
interest rate = 7.9% = 0.079
A = p(1 + rt)
A= 3500[1 + 0.079(5)]
A = 3500 [ 1 + 0.395]
A = 3500 ( 1.395)
A = $4,882.5
Approximated to $4,883 as a whole figure.
This is the maximum amount he could pay after 5 years.
<span>There is another type of business reporting that is used to make decisions. Analytical reports offer both information and analysis, but they also include recommendations. Offering recommendations is the biggest difference between informational and <span>analytical reporting.</span></span>
Answer:
lower limit = 195.320
upper limit = 204.680
so correct option is d. (195.320, 204.680)
Explanation:
given data
sample mean x = 200
standard deviation SD = 10
no of sample n = 20
confidence interval = 95%
solution
we get here first Z value by confidence interval i.e 95 %
so Z is by table is = 2.093
and we apply here margin of error formula that is express as
margin of error = Z × ....................1
put here value we get
margin of error = 2.093 ×
margin of error = 4.6800
so here lower limit and upper limit will be as
lower limit = sample mean - margin of error
lower limit = 200 - 4.6800
lower limit = 195.320
and
upper limit = sample mean + margin of error
upper limit = 200 + 4.6800
upper limit = 204.680
so correct option is d. (195.320, 204.680)
Question Completion with Options:
a. Beta site
b. Cold site
c. Hot site
d. Alpha site
Answer:
When an organization is developing a site redundancy solution, the option which offers recovery but is the most time consuming upon main site failure is:
b. Cold site
Explanation:
The differences between these redundancy solutions are that a warm site has telecommunications ready to be utilized but does not have computers; a cold site is an empty building for housing computer processors, equipped with environmental controls like heating, air conditioning; and a hot site is a fully equipped building (with telecommunications, computer processors, and environmental controls) ready to operate quickly.