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Klio2033 [76]
3 years ago
13

The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation

Business
1 answer:
dalvyx [7]3 years ago
5 0

Answer: B. reduces reported net income of the period but does not involve an outflow of cash for that period.

Explanation:

Depreciation is the wear and tear of an asset due to the use of the asset. When an asset is depreciated, such an asset is eventually sold at a scrap value.

The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation reduces reported net income of the period but does not involve an outflow of cash for that period.

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You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What
ale4655 [162]

Answer:

a)$2,043.14

Explanation:

The discount is applicable when both items are bought together.

the total bill for the two items will be  $12,695.95 + $924.95

=$13,620.90

15% discount  of $13,620.90

=15/100 x $13,620.90

=0.15 x $13,620.90

=$2,043.135

=$2,043.14

5 0
3 years ago
the italian airline alitalia will pay $10 million to United Airlines one year from today. The spot rate is $1.35/E, while the 1-
Vitek1552 [10]

Answer:

alitalia should do the forward hedge to hedge its transaction exposure

Explanation:

Alitalia can construct the money market hedge as follows

1. borrow Euro whose present value is equal to the amount to be paid.

2. convert it to foreign currency at the current spot rate.

3. place it in a deposit

4. make the payment when the deposit reaches maturity

PV of payment = 10000000/1.05

                         = 9523809.525

converting in to Euro at the spot rate we get 6802721.09 Euros

so Alitalia has to borrow the above amount and convert it and invest it at 5%.

now the payable amount from the loan is  6802721.09(1+0.03) = 7006802.72 Euros

Hence Alitalia has effective managed to locl in a forward rate of 1.427$/euros (10000000/7006802.72)$/euros

Therefore, alitalia should do the forward hedge to hedge its transaction exposure

6 0
4 years ago
According to the afl-cio 2009 report, death on the job: the toll of neglect, “the full extent of occupational injuries and illne
Dmitriy789 [7]
<span>This fact indicates that a number of the injuries and illnesses taking place while working are not being reported faithfully. This might be due to a reticence on the part of the employees regarding being found out about working while sick, or it could be that businesses are worried about excess costs associated with workplace injuries.</span>
3 0
3 years ago
Everybody should leave this app and go to question cove. You do not need any points to ask questions and you get correct answers
guajiro [1.7K]

Answer:

thz fo the points

Explanation:

6 0
3 years ago
Growth tutorial: plato <br><br>how might the lack of this aspect of infrastructure affect health​
Alenkasestr [34]

Answer:

how might the lack of this aspect of infrastructure affect health​?

Infrastructure on its own is one way of development, ways at which lack of it will affect health include;

it will deter the link between rural areas and the urban area

lack of infrastructure will help to increase the chances of breeding parasites which affects health

lack of infrastructure also affects personal hygiene as lack of water and other basic amenities affects health greatly.

Explanation:

6 0
3 years ago
Read 2 more answers
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