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3 years ago

Why does the use of several depressants at once often prove to be a lethal combination?

1 answer:

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The nervous system uses Gamma-Amino Butyric acid (GABA) as a neurotransmitter in the central nervous system. The use of several depressants increases the transmission of GABA that may cause the nervous system to slow down. The reaction of the body to several depressants is also unpredictable which makes it more dangerous.

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On October 1. Ebony Ernst organized Ernst Consulting, on October 3. the owner contributed $84,310 in assets in exchange for its

LuckyWell [14K]

Answer and Explanation:

The Preparation of the statement of cash flows is shown below:-

Ernst Consulting

Statement of cash flows

For the year ended Oct 31

Particulars Amount

Cash flow from operating activities

Cash paid for salaries -$2,160

($7,350 - $5,190)

Cash paid for rent -$3,910

Paid cash for telephone

expense -$790

Paid cash for miscellaneous

expense -$610

Net cash flow from operating activities -$7,470

Cash flow from investing activities

Purchase of equipment -$18,310

Net cash flow from investing activities -$18,310

Cash flow from financing activities

dividend paid -$2340

Initial investment in Cash $38,320

Net cash flow from financing activities $35,980

Net cash increase/decrease $10,200

Beginning Cash 0

Ending Cash $10,200

Therefore we indicate the minus sign for cash outflow while the positive amount shows cash inflow.

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3 years ago

How does corruption limit investment and economic growth? Instructions: In order to receive full credit, you must make a selecti

docker41 [41]

Answer:

Correct option are (1) and (3).

Tax revenues are often diverted to those in power instead of going into legitimate productive investment, and the same is sometimes true of foreign aid money from abroad.

Knowing that payments of graft must be made prevents many people from undertaking actions that might lead to growth.

Explanation:

In a corrupt economy, government incomes from charge and outside guide frequently are occupied to politically influential individuals as opposed to being contributed for gainful purposes. Since individuals realize that defilement cash needs to paid to concerned authorities, they don't attempt such profitable venture either. Both these variables identified with defilement limits speculation and development.

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3 years ago

A company received $11,000 cash in exchange for 200 shares of the company’s common stock. What would the effect of this transact

MAVERICK [17]

Answer:

B. $11,000 increase in Assets; No effect on Liabilities; $11,000 increase in Stockholders’ Equity

Explanation:

As the company received cash in exchange for the common stock. So, it affect the accounting equation which is shown below:

Total Assets = Total liabilities + Total stockholder equity

The journal entry is shown below for better understanding:

Cash A/c Dr XXXXX

To Common stock XXXXX

To Additional Paid-in capital - in excess of par XXXXX

(Being cash is received)

So, it would not impact the total liabilities

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2 years ago

An asset falling under the MACRS five-year class was purchased three years ago for $200,000 (its original depreciation basis). C

Nitella [24]

Answer:

(a) The cash flows is $59,040.

(b) The cash flows is $71,040.

Explanation:

From the Modified Accelerated Cost Recovery System (MACRS) Tables, the depreciation rates for the first 3 years for an asset falling under the MACRS five-year class are 20%, 32% and 19.2%. Therefore, we have:

Accumulated depreciation rate = 20% + 32% + 19.2% = 71.20%

Accumulated depreciation = Cost of the asset * Accumulated depreciation rate = $200,000 * 71.20% = $142,400

Net book value of the asset = Cost of the asset - Accumulated depreciation = $200,000 - $142,400 = $57,600

We can now proceed as follows:

(a) Calculate the cash flows if the asset is sold now at $60,000

Capital gains = Sales proceeds - Net book value = $60,000 - $57,600 = $2,400

Capital gains tax = Capital gains * Tax rate = $2,400 * 40% = $960

Net sales proceeds = Sales proceeds - Capital gains tax = $60,000 - $960 = $59,040

Therefore, the cash flows is $59,040 net sales proceeds.

(b) Calculate the cash flows if the asset is sold now at $80,000

Capital gains = Sales proceeds - Net book value = $80,000 - $57,600 = $22,400

Capital gains tax = Capital gains * Tax rate = $22,400 * 40% = $8,960

Net sales proceeds = Sales proceeds - Capital gains tax = $80,000 - $8,960 = $71,040

Therefore, the cash flows is $71,040 net sales proceeds.

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3 years ago

Gi Gi's Bakery has total assets of $425 million. Its total liabilities are $110 million. Its equity is $315 million. Calculate t

Neko [114]

1.34 over 3.86 xxxxxxxxxxxxxxxxxx

5 0

3 years ago