Answer: Depreciation is tax deductible
Explanation:
Depreciation on assets is recognized by tax authorities as an expense that a business actually incurs so when the income statement is calculated, depreciation needs to be removed as the expense that it is so that taxes can be calculated on the profit.
Depreciation however, does not take actual cash from the company i.e the company does not actually pay anyone cash for depreciation like most other expenses. It needs therefore to be added back to the Free Cash Flow because the FCF deals with how much actual cash the company has which is something that Depreciation being a non-cash expense did not reduce.
There is no effect on the accounting equation.
<h3>What is accounting equation?</h3>
Accounting equation is the one which states that a company's total assets are equal to the sum of its liabilities and its shareholders' equity.
Assets = owner's equity + liability
The above means that land is not depreciated, therefore assets decrease (-land) but also increase (+cash).
The elements of accounting equation are :
- Assets
- Liabilities
- Shareholders' equity.
Learn more about account equation here: brainly.com/question/24401217
Answer:
I have chosen Apple Inc.
Explanation:
Apple Inc is a tech giant and manufactures innovative and most differentiated telecommunication products, music products, computer products, application services, etc which is highly valued among its customers. That's the reason why Apple is one of the most highly valued company in the world with almost $137 billion cash balance. This cash balance has been increased by $20 billion in the last three years which shows its higher profitability and that its inventory is highly liquid asset because it is quickly converted into cash. Furthermore, the greater demand of product and customer loyalty has strengthen its position all because of unmatched innovation introduced in each of its product every year. The greater cash balance shows that the company has greater sales and has higher profit margin on its unmatched product.
The picture of Apple headquarter and of its logo are given below:
Answer:
Market analysis
Explanation:
A business plan is a document that shows the goals of a business and details the roadmap to achieve them. It has several sections, with each giving specific information about the business.
The market analysis part talks about the target clients. The sections give detailed data on the industry, including competitors, market performance, and prevailing trends. It describes customers in the target industry.
The period of time that is requested for inspection and review of education records, according to federal law is 45 days.
<h3>What is an education records review?</h3>
This is a review of the academic standing of a student. The reason why the review is needed is probably because the student wants to apply for a new school.
According to federal law, when the request is received, the records must be provided within 45 days.
Read more on education records here: brainly.com/question/24911873
