Answer:
Tab + windows
Explanation:
I got it right in the 2nd try EDGE2020
Answer: c. The firm's cash position in 2006 and 2007 would increase.
Explanation:
Depreciation expense is heavily dependent on the useful life of the asset. The longer the useful life, the smaller the depreciation expense because the equipment is being depreciated over a longer period.
If the useful life is reduced from 15 to 10 years therefore, the depreciation expense would increase.
The Cash position of a company is calculated by adding back the depreciation to the Net income after taxes are paid because depreciation is not a cash expense.
If the depreciation is now larger (which it is) and is added back to the Net income, the cash position will therefore increase.
Answer:
Regular basic saving accounts
Explanation:
Rainy day fund is called a type of basic regular saving accounts. This account contains around 500 dollars to 1000 dollar It is like a payday loan. It is a type of liquid or we can say that it is like cash.
It is best in a bank account. such as saving account to pay the daily basis debts. Here people can access their money very quickly. When it is spent, you can again start to save for the future happening again.
Answer:
Option (A) is correct.
Explanation:
Cody's undistributed earnings for 2018:
Given that,
Pretax Income = $125,000
Income tax rate for both companies = 30%
Cody declared total dividends = $25,000
Tax = Pretax income × Tax rate
= $125,000 × 30%
= $37,500
Undistributed Earnings = Pretax Income - Tax - Dividends distributed
= $125,000 - $37,500 - $25,000
= $62,500
