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Naddika [18.5K]
4 years ago
10

Geller Florist Inc. had the following transactions during 2015:

Business
1 answer:
DerKrebs [107]4 years ago
7 0

Answer:

- $300,000

Explanation:

Net cash flow from investing activities:

= Cash paid for purchasing a warehouse + Cash paid for purchase a land + Cash proceeds from sale of building + Cash paid to buy a new truck

= (- $200,000) + (- $100,000) + $50,000 + (- $50,000)

= (- $300,000)

Therefore, the net impact of these transactions on Geller's Cash from Investing Activities during 2015 is (- $300,000).

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Smith Company reported pretax book income of $406,000. Included in the computation were favorable temorary differences of $51,20
masha68 [24]

Answer:

$3,604

Explanation:

Calculation for what Smith's deferred income tax expense or benefit would be:

Using this formula

Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate

Let plug in the formula

Deferred income tax expense =($51,200-$40,600)*21%

Deferred income tax expense =$10,600*34%

Deferred income tax expense =$3,604

Therefore Smith's deferred income tax expense or benefit would be:$3,604

8 0
3 years ago
Ginger purchased a single-premium deferred annuity ten years ago at age 45. She used $40,000 of after-tax funds she had accumula
Dmitry_Shevchenko [17]

Ginger will owe income taxes and a 10% penalty on $50,000 of the following statements is correct.

Taxable Amount = ( $90,000 - $40,000 ) = $50,000

As the Distribution of Fund is at age 45 which is less than 59.5 , then it subject to 10% penalty

An income tax is a tax imposed on people or entities in respect of the earnings or income earned by means of them. profits tax usually is computed because the made of a tax charge instances the taxable income. Taxation quotes may additionally vary by kind or characteristics of the taxpayer and the kind of earnings.

For instance, if you earn $1,000 in a kingdom with a flat earnings tax fee of 10%, $one hundred in earnings taxes have to be withheld from your paycheck whilst you earn that profits.

Learn more about income taxes here:brainly.com/question/26316390
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8 0
2 years ago
Yardstick reports a. do not include researched data. b. are rarely written or used in businesses today. c. examine problems with
Genrish500 [490]

examines problems with two or more solutions by establishing criteria with which to compare the alternatives

8 0
4 years ago
Golf-course designers have become concerned that old courses are becoming obsolete since new technology has given golfers the ab
goldfiish [28.3K]

Complete Question:

Golf-course designers have become concerned that old courses are becoming obsolete since new technology has given golfers the ability to hit the ball so far. designers, therefore, have proposed that new golf courses need to be built expecting that the average golfer can hit the ball more than 230 yards on average. suppose a random sample of 152 golfers be chosen so that their mean driving distance is 229.9 yards. the population standard deviation is 41.4. use a 5% significance level.

Calculate the followings for a hypothesis test where H0:μ = 230 and H1:μ < 230 :

(a) The test statistic is _____

(b) The P-Value is _____

The final conclusion is:

Answer:

t - statistic = -0.02977977

p value = 0.488753

There is no sufficient evidence to warrant rejection of the claim that the mean driving distance is equal to 230

Explanation:

Number of samples(n) = 152

Significance level = 5%

sample standard deviation(s) = 41.4

sample Mean (x) = 229.9

H0:μ = 230 and H1:μ < 230

A.) The test statistic can be calculated using the formula;

t = (x - μ) ÷ (s/sqrt(n))

t = (229.9 - 230) ÷ (41.4/sqrt(152))

t = -0.1 ÷ 3.3579834174

t-statistic = -0.02977977

Using the p value calculator on the t-statistic value at a significance level of 0.05;

The p-value is 0.488753

With the p value sufficiently greater than 0.05, There is no sufficient evidence to warrant rejection of the claim that the mean driving distance is equal to 230

7 0
4 years ago
The term and supply of economics
guapka [62]
Supply is an economic term that refers to the amount of a given product or services that suppliers are willing to offer to consumers at a give price level at a given period.
4 0
3 years ago
Read 2 more answers
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