It’s important to know your limits and your strengths.
The goal is to do your best in the job you have, so before making that important choice, it’s good to think about maybe your talents or hobbies that you have.
You could ask yourself questions such as:
Do I communicate well with people?
What am I best at?
Am I able to fulfill the tasks that are included in this career?
And I’m sure there are more questions, but it is a good thing to know yourself that way when you apply for a job, you know what you’re getting into.
I hope this helps!
~Brooke❤️
Answer:
$59 milliom
Explanation:
Calculation to determine what Stern's taxable income for the year would be:
Using this formula
Stern's taxable income=Accounting income +Rent received temporary difference
Let plug in the formula
Stern's taxable income=$48 million+ $11 million
Stern's taxable income=$59 million
Therefore Stern's taxable income for the year would be:$59 million
Answer:
Turk should purchase Machine B
Explanation:
<u>Our first step</u> will be to multiply each cashflow by the factor.
Then we will add them to get the present value of the cash flow
![\left[\begin{array}{cccc}-&A&factor&Present \: Value\\Year \: 1&5,000&0.8696&4,348\\Year \: 2&4,000&0.7561&3,024.4\\Year \: 3&2,000&0.6567&1,313.4\\Total&11000&-&8,685.8\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26A%26factor%26Present%20%5C%3A%20Value%5C%5CYear%20%5C%3A%201%265%2C000%260.8696%264%2C348%5C%5CYear%20%5C%3A%202%264%2C000%260.7561%263%2C024.4%5C%5CYear%20%5C%3A%203%262%2C000%260.6567%261%2C313.4%5C%5CTotal%2611000%26-%268%2C685.8%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Then we subtract the machine cost:
8,685.8 - 9,000 = -314.2 This Machine has a negative value. It is not convinient to purchase this machine.
![\left[\begin{array}{cccc}-&B&factor&Present \: Value\\Year \: 1&1,000&0.8696&869.6\\Year \: 2&2,000&0.7561&1,512.2\\Year \: 3&11,000&0.6567&7,223.7\\Total&14,000&-&9,605.5\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26B%26factor%26Present%20%5C%3A%20Value%5C%5CYear%20%5C%3A%201%261%2C000%260.8696%26869.6%5C%5CYear%20%5C%3A%202%262%2C000%260.7561%261%2C512.2%5C%5CYear%20%5C%3A%203%2611%2C000%260.6567%267%2C223.7%5C%5CTotal%2614%2C000%26-%269%2C605.5%5C%5C%5Cend%7Barray%7D%5Cright%5D)
9,605.5 - 9,000 = 605.5 This machine NPV is positive it is convient.
Answer:
No Account and explanation Debit Credit
1. Rent expense ($4,300/5) $860
Prepaid rent $860
(To record adjusted rent expense)
2. Supplies expense (7,250-2,950) $4,300
Supplies $4,300
(To record adjusted supplies)
3. Depreciation expense $460
[(44,160/8)/12]
Accumulated depreciation $460
(To record depreciation)
