Answer:
B.
compute depreciation for a full year under straight minusline depreciation and multiply it by the fraction of the year that you held the asset.
Explanation:
Under straight-line depreciation, the asset value is spread equally throughout its useful life.
To get the depreciation of a partial year, you need to calculate the depreciation a full year first.
Divide the asset value by the number of its useful years to get depreciation value for one year. To compute partial depreciation, you need to establish the fraction of the year to be depreciated. Divide the number of months by twelve to get the fraction.
To get actual depreciation, multiply this fraction by a full year depreciation.
Answer: $3,086
Explanation:
Wrote checks totaling $41,500 in
October less $39,460 of these checks cleared in October
Wrote checks totaling $45,321 in November less $44,275 cleared the bank in November
Balance of uncleared checks
In October is $41,500 - $39,460 = $2,040
In November is $45,321 - $44,275 = $1,046
Total outstanding checks on 30 Nov is $2,040+$1,046 = $3,086
Answer:
$3,800
Explanation:
The computation of the after-tax benefit is shown below:
= Annual dinner club membership cost - annual dinner club membership cost × her marginal tax rate
= $5,000 - $5,000 × 24%
= $5,000 - $1,200
= $3,800
We simply deduct her tax expense from the annual dinner club membership cost so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
Evaluate Motor Status
Explanation:
In the first 24 hours the response of his body will be checked and that is called motor status.
This is through nervous system response to the connected medical devices.
As there is brain attack and our brain is solely responsible for any action in the body, it will be important to know whether it is working and responding properly or not.
This will ensure that the brain is not critically damaged.
Answer: Cost of Goods sold
Explanation:
Common size analysis refers to making all entries in the income statement, a percentage of sales for that year.
Current Year Prior Year
Sales 100% 100%
Cost of Goods sold 75.7% 46.5%
Gross Profit 24.3% 53.5%
Operating expenses 17.3% 35%
Net Income 7.0% 18.5%
<em>Looking at the percentages above, one can see that the COGS increased the most from the previous year by going from 46.5% to 75.7% representing an increase of 29.2%.</em>
<em>This had the most impact on Net income as it substantially reduced Gross profit. </em>
