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AleksAgata [21]
3 years ago
11

Nebraska Communications is considering the purchase of a new satellite. The firm believes the satellite will help generate futur

e earnings. In addition, the firm recognizes the tax benefits of a lower net income provided by the annual ________ of the asset.
Business
1 answer:
maks197457 [2]3 years ago
4 0

Answer:

Depreciation

Explanation:

Businesses are permitted to use depreciation as an expense of business operations. This extra expense will lower a firm's taxable income.

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BlackZzzverrR [31]

Answer:

since there is not enough room here I used an excel spreadsheet

Explanation:

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3 years ago
Kingbird Corporation owns a warehouse. On November 1, it rented storage space to a lessee (tenant) for 3 months for a total cash
Nikitich [7]

Answer:

cash                  2,790 debit

        unearned revene 2,790 credit

unearned revenue 1,860 debit

           rent revenue    1,860 credit

Explanation:

The revenue from the rent is unearned as currently the firm has to provide the rent spance for three months It will be earned as time passes.

At year-end December 31th we have earned 2 months (Nov and Dec) therefore we reocgnize for that amount

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3 years ago
What is plagarism in a essay ​
WITCHER [35]

Explanation:

copying another form of writing

7 0
2 years ago
Read 2 more answers
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.00 per share. On March 1, a dividend of
Kitty [74]

Explanation:

The computations are shown below:

a. Proceeds from the short sale (net of commission)

= Number of shares × (Market selling price per share - commission per share)

= 100 × ($25 - $0.10)

= $2,490

b. The dividend payment is

= Number of shares × dividend paid per share

= 100 shares × $2.50

= $250

c. Total cost including commission is

= Number of shares × (Market purchase price per share + commission per share)

= 100 × ($16.20 + $0.10)

= $1,630

d. The net gain from your transaction is

= $2,490 - $1,630

= $860

6 0
3 years ago
Just need the solution to question one and I would be able to solve the rest. Thank you
barxatty [35]

Answer:

I know this answer ....

Explanation:

i give a hint to u- hydrogen

8 0
2 years ago
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