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marissa [1.9K]
3 years ago
11

Which of the following would be most likely to occur in the year after Congress, in an effort to increase tax revenue, passed le

gislation that forced companies to depreciate equipment over longer lives? Assume that sales, other operating costs, and tax rates are not affected.
Business
1 answer:
Rufina [12.5K]3 years ago
5 0

Answer:

Companies' cash positions would decline.

Explanation:

A cash position is the amount of cash that a company has on its books at a specific time.

You might be interested in
The purpose of a statement of retained earnings is to: __________.
marusya05 [52]

Answer:

To determine the closing balance of retained earnings

Explanation:

First and foremost, retained earnings are an important part of the shareholders' equity. In a bid to ascertain the correct position of total shareholders' equity at year-end, it is important that a statement of retained earnings reconciling the opening retained with net income and dividends declared during the year is prepared.

The balance at the end of the year is the total accumulated earnings which have not been distributed to shareholders as dividends or which may be used to finance projects that increase shareholders' wealth

4 0
3 years ago
When the Lego Movie was released to movie​ theaters, the intent was not necessarily to sell more​ Legos, but the firm did ha
Harman [31]

Answer:

The correct answer is the option B: branded.

Explanation:

To begin with, the term of <em>branded content</em>, in the field of marketing, refers to the practice that focuses in the creation of multimedia content that is funded or outright produced by and advertiser and whose main purpose is to give a message of the values of the company in the content created.

Secondly, the case of Lego is an example of branded content due to the fact that the company did not want to sell more products but instead <u>wanted to create a content that shows the values of the company such as imagination, being oneself and having fun</u>.

3 0
3 years ago
Martin transfers real estate with an adjusted basis of $260,000 and fair market value of $350,000 to a newly formed corporation
katrin [286]

Answer:

$40,000

Explanation:

We can calculate recognized gain on the transfer and basis for his stock just by deducting adjusted basis value from liability on the transfered real estate.

Calcuation

iability on the transfered real estate        $300,000

less: adjusted basis value                       ($260,000)

Gain recognized                                        $40,000

3 0
3 years ago
Read 2 more answers
In an organization in which high-level managers make the effort to involve others in decision making and seek opinions of others
NNADVOKAT [17]

Answer:

People or team oriented

Explanation:

The best organization culture is there when there is no comparison between the people who are working at different departments, different levels, etc

The rules, procedures, policies are all not for any single person

Here if the high level managers involves the others in decision making process and seek their opinions for the betterment of an organization that this represents the team oriented as the whole organization is working as a team so the same is to be considered

7 0
3 years ago
Suppose Frances earns $550 per week working as a programmer for PC Pros. She uses $9 to order a mojito cocktail at Little Havana
likoan [24]

Answer:

Suppose Frances earns $550 per week working as a programmer for PC Pros. She uses $9 to order a mojito cocktail at Little Havana. Little Havana pays Dmitri $350 per week to wait tables. Dmitri uses $175 to purchase software from PC Pros.

Identify whether each of the following events in this scenario occurs in the resource market or the product market.

Frances earns $550 per week working for PC Pros

Explanation:

7 0
3 years ago
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