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Lina20 [59]
3 years ago
13

Currently Ark is charged $3,144,267 Depreciation on the Income Statement of Andrews. Andrews is planning for an increase in this

depreciation. On the financial statements of Andrews will this
Business
1 answer:
masya89 [10]3 years ago
8 0

Answer:

C)Increase Net Cash from Operations on the Cash Flow Statement

Explanation:

If there is an increase in depreciation so this declines the net profit as the depreciation is an expense and shown in the debit side of the income statement. Ultimately it fall the earnings of the company. In the cash flow statement, this depreciation expense is added back to the net profit to determine the net cash flow from operating activities also it is a non cash expense

Therefore the option C is correct

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6. The EPA has a green building benchmark program in which buildings submit energy data about their building to see where they s
Komok [63]

Answer:

Energy Star Portfolio Manager

Explanation:

The Energy Star Portfolio Manager is available online and there you can check and compare how "green" a building or group of building is compared to others. Several environmentally issues are measured by this program, e.g. energy or water consumption, waste disposal, etc.  

8 0
3 years ago
If a company is considering the purchase of a parcel of land that was acquired by the seller for $99,000 is offered for sale at
olya-2409 [2.1K]
It should be recorded at the price of $109,000.
6 0
3 years ago
Read 2 more answers
Use the following statement to answer parts ​a) and​ b). Five hundred raffle tickets are sold for​ $3 each. One prize of ​$200 i
vazorg [7]

Answer:

A.) - 2.6

B.) 0.4

Explanation:

Ticket price = $3

Winning price = $200

Probability of winning(Pwin) = (1/500)

Probability of not winning (Ploss) = [ 1 - (1/500)] = 499/500

Net income if Raul wins (Nwin) = $200 - $3 = $197(no refund)

Net loss if Raul does not win(Nloss) = - $3

A.) Expected value is calculated by;

(Pwin × Nwin) + (Ploss × Nloss)

((1/500) × 197) + ((499/500) × - 3)

0.394 - 2.994 = - 2.6

B.) Fair Value is calculated by;

Cost of ticket + Expected value

3 - 2.6 = 0.4

5 0
2 years ago
Your company has assigned one of its vice presidents to function as your project sponsor. Unfortunately, your sponsor refuses to
Artist 52 [7]

Explanation:

In this case, the best thing to do is to try to see the challenge of dealing with the lack of critical decision making by the project sponsor, as an opportunity to make the project progress smoothly and reach its best potential.

For this, the ideal is to respect the costs and the deadlines, without exceeding the budgets and the time necessary to carry out the tasks.

The good relationship between the team is also essential for there to be the necessary fluidity for the project to take place organically and as planned. It is also necessary to be attentive to the project's indicators, since monitoring and control are essential to observe the progress of the achievement of goals and the overall performance of the project's progress.

8 0
3 years ago
In December 2016, Custom Mfg. established its predetermined overhead rate for jobs produced during 2017 by using the following c
andrey2020 [161]

Answer:

1.- overhead rate: 1.2 dollars per material cost

2.- applied overhead: 822,000

    underapplied              8,000

3.-

COGS                             8,000 debit

      Factory Overhead              8,000 credit

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

the predetermined overhead rate divide the expected cost over a cost driver:

overhead cost:             750,000

cost driver: material cost: 625,000

rate: 750,000/625,000 = 1.2

each dollar of material cost will appliy 1.2 dollars of overhead.

<u>applied overhead:</u>

685,000 x 1.2 =   822,000

actual overhead: 830,000

underapplied           8,000

the applied overhead is lower than the actual cost, we must increase the capitalized cost.

The adjusting entry will increase overhead and COGS.

6 0
3 years ago
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