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2 years ago

What does the credit balance in the accumulated depreciation account represent?

1 answer:

3 0

The credit balance in the accumulated depreciation account represent: <span> the amount of depreciation taken in past years
In accounting, we must reduce the value every year we held an asset in order to show the true amount of the total asset values. This occurence is called a depreciation. If the amount of depreciation is add-up for several years, this account is called accumulated depreciation
</span>

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What drawbacks will you mention to your supervisor?

Daniel [21]

Answer:

A.IM presents the possibility of privileged information being discussed in public forums.

B.IM can be an additional workplace distraction that keeps employees from focusing on tasks.

Explanation: IM(instant messaging) is a kind of Communication channel or platform that allows you to create Private chartroom with others such as your colleagues. Instant messaging alerts you to inform you that someone in your connections is available online to chat if need be you will enter into a chat Section with him or her,instant messaging is a text based Communication platform.

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2 years ago

Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a

zloy xaker [14]

Answer:

Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a call provision will generally be <u>lower than</u> the YTM with a call provision.

Explanation:

That is the correct answer to the question asked about bond indenture.

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2 years ago

Hairston Industries has $5 million of debt and $20 million of equity. If Hairston's beta is currently 1.75 and its tax rate is 4

nasty-shy [4]

Answer:

The un levered beta ( bu) of the company is 1.52

Explanation:

Given information -

Equity (E) - $20 million

Debt (D) - $5 million

Beta ( levered ) - 1.75

Tax rate ( T ) = 40%

D / E ( Debt to Equity ratio ) = $ 5 million / $20 million = .25

Formula for taking out un levered beta ( bu) is -

Beta levered ( bl ) = Beta un levered ( bu ) [1 + (1 - T ) D / E ]

1.75 = bu [1 + (1 - 40% ) .25

1.75 = bu [1 + .6 x .25 ]

1.75 = bu [ 1 + .15 ]

1.75 = bu [ 1.15 ]

bu = 1.75 / 1.15

bu = 1.52

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3 years ago

The balance in Happ Inc.’s general ledger Cash account was $71,580 at September 30, before reconciliation. The September 30 bala

Dafna1 [17]

Answer:

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The preparation of the bank reconciliation statement on September 30 is presented in the spreadsheet. Kindly find the attachment below:

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2 years ago

PLZ PLZ HELP HELP HELP YALL ITS IMPORTANT ASAP

fredd [130]

Answer:

1144.95$

Explanation:

375.40 was given every week so multiply by 3 and I got 1126.20.. now annually is the key work and annually means per month so I divide 22500 by 12 and got 18.75. last, I added 18.75 a d 1126.95 and got 1144.95!! Hoped explained well!!

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2 years ago