1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ilya [14]
2 years ago
13

Budgeted depreciation expense would not appear on a:

Business
1 answer:
Naya [18.7K]2 years ago
8 0

Answer:

c. Cash budget.

Explanation:

Depreciation: Depreciation is an expense indicating a reduction in the value of fixed assets due to tear and wear, obsolescence, usage, time period, etc. That is shown on the income statement's debit side.

It is a non-cash element that has no effect on the cash balance i.e cash budget and cash flow statement.

Moreover, it shows under the selling and administrative expense budget also

You might be interested in
A firm’s positioning statement should address their target segment. Anything else they’ll say in the positioning statement will
vivado [14]

<u>Answer:</u>

A firm’s positioning statement should address their target segment. Anything else they’ll say in the positioning statement will have "no" meaning to customers who are not in that segment.

<u>Explanation:</u>

A comprehensive overview of individual's target market as well as a clear image of how one want the audience to view an individual's brand, thus understood as "positioning statement". Any promotional and advertising decision one make about an individual's brand will comply with their positioning statement and endorse this.

For example, Nike's positioning statement is "Nike builds confidence for serious athletes that provides the perfect shoe for any sport."The concept of the Positioning Statement consists of four parts:

  • the target,
  • the category,
  • the differentiator and
  • the payoff.
4 0
3 years ago
Henrietta transfers cash of $75,000 and equipment with a fair market value of $25,000 (basis to her as a sole proprietor, $10,00
katovenus [111]

Answer

The answer and procedures of the exercise are attached in a image below****

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

3 0
3 years ago
TeamBuilds is a service organization that has corporate teams pay $7,500 for an all-day team-building session with a management
coldgirl [10]

Answer: core service

                           

Explanation: In simple words, core service refers to the services that are of high importance to the transactions and the business of the rendering firm depends on such services. In other words, it is the main product that the business offers to their customers.

These services renders the benefits that a customers expects to get from his or her purchase. In the given case, Team builds in involved in services in which they provide session that shows how one group should work together.

Hence improved work team is their core service.

5 0
2 years ago
valued at $850,000 by a real estate expert. The president of the company is questioning the accuracy of the firm’s latest balanc
gizmo_the_mogwai [7]

Question Completion:

A building owned by Hopewell Company was recently valued at $850,000 by a real estate expert.

Answer:

Book Value and Fair Value

There is a difference between the book value and the fair value of an asset.  The book value is based on the asset's historical cost. The fair value is the current market price of the asset.  In reporting long-term assets, the acceptable basis is the historical cost or the cost of acquiring the asset. This cost is further reduced by annual depreciation charges.  The fair value is not often the acceptable basis for reporting long-term assets unless the entity is no longer a going concern or the asset has suffered an impairment loss.

Explanation:

a) Data and Calculation:

Fair value by a real estate expert = $850,000

Book value (historical cost) = $550,000

Difference between fair value and book value = $300,000

6 0
3 years ago
Suppose you decide to deposit $24,000 in a savings account that pays a nominal rate of 12%, but interest is compounded daily. Ba
Dovator [93]

Answer:

The total amount after four-month is 24982.08 dollars.

Explanation:

The amount to deposit in savings account = $24000

Nominal interest rate = 12%

Daily rate = 12 /365= .03288%

The interest is compounded daily and a number of months = 4 months.

We have to calculate the total amount after the four months. The calculation is given below:

Number of days in 4 months = 4 × 365/12 = 121.66 (rounded to 122)

Amount in account = Amount deposited ×  (1+i)^n

                   = 24000 ×  (1+.0003288)^122

                    = 24000 ×  (1.0003288)^122

                   = 24000 × 1.04092

                  =  24982.08 dollars

8 0
3 years ago
Other questions:
  • On January 1, Year 1, Big Co. enters into a contract with a customer to build a bridge on the customer’s land for $2,500,000. Th
    13·1 answer
  • Amos does not want to find new customers or create new products. instead, he is opening more stores and improving the marketing
    7·1 answer
  • Bear Publishing sells a nature guide. The following information was reported for a typical month: Total Per Unit Sales $ 17,600
    8·1 answer
  • All of the following might be determined by the Franchiser in franchise agreement except.
    14·2 answers
  • Lumeris Inc., an automobile manufacturer, has an inflexible work schedule and requires its workers to work nine hours a day and
    13·1 answer
  • After carefully going over your budget, you have determined you can afford to pay $632 per month toward a new sports car. You ca
    13·1 answer
  • Becky had net credit sales in 2020 of $2,000,000. At December 31, 2020, before adjusting entries, the balances in selected accou
    5·1 answer
  • Under the previous​ CEO, Konica/Minolta's management determined it was time to invest in​ __________ by offering new products to
    15·1 answer
  • In the 1920's, the danger of buying stock on margin was that if the value of the stock dropped, borrowers _____.
    12·2 answers
  • Both Canada and the United States produce lumber and footballs with constant opportunity costs. The United States can produce ei
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!