1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igor_vitrenko [27]
3 years ago
5

Which of the following statements about depreciation is correct?

Business
1 answer:
Oliga [24]3 years ago
4 0

Answer:

The correct answer is letter "C": To calculate the cash produced by the business, it is necessary to add the depreciation charge back to accounting profits.

Explanation:

Depreciation indicates how much value was used up for an asset. It also tries to match an asset's cost to the profit this helps the business collect. Depreciation calculations used as income tax deduction offer companies and annual allowance for the use and deterioration of tangible assets. Besides, depreciation must be added to the company's accounting profits to determine the firm's total inflow.

You might be interested in
Online Analytical Processing (OLAP) is included in many Business Intelligence (BI) software applications. We use this OLAP for a
Mumz [18]
Yes I think is b hope it’s works
6 0
2 years ago
The following labor standards have been established for a particular product:Standard labor-hours per unit of output 9.0hoursSta
harkovskaia [24]

Answer:

Direct labor rate variance= $69,579 unfavorable

Explanation:

Giving the following information:

Standard labor-hours per unit of output 9.0 hours

Standard labor rate= $15.10 per hour

Actual hours worked= 8,100 hours

Actual total labor cost= $191,880

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 191,880/8,100= $23.69 per hour

Direct labor rate variance= (15.10 - 23.69)*8,100

Direct labor rate variance= $69,579 unfavorable

3 0
3 years ago
What is another term for the buying and selling of stocks?
LuckyWell [14K]

Answer:

Trading

Explanation:

Buying and selling stocks is another term for trading because it is a system of "give and get"

3 0
3 years ago
What are the benefits of tracking income and spending according to a budget
Romashka [77]

Answer:

You won't go over on an account, also, if someone hacks into your account/ uses your money, you know who to contact, for you know that you didn't buy that item.

Explanation:

5 0
2 years ago
Read 2 more answers
Beaver Company (a multi-product firm) produces 5,000 units of Product X each year. Each unit of Product X sells for $8 and has a
Jlenok [28]

Answer:

C. Decrease by $7,000

Explanation:

Calculation to determine what company's overall operating income would Decrease by

Using this formula

Overall operating income =(Product X units*Contribution margin )-Fixed overhead eliminated

Let plug in the formula

Overall operating income=(5,000 units*$5)-$18,000

Overall operating income=$25,000-$18,000

Overall operating income=$7,000 Decrease

Therefore As a result of discontinuing Product X, the company's overall operating income would:Decrease by $7,000

5 0
2 years ago
Other questions:
  • What type of crime measurements collects data from those who break the law
    14·1 answer
  • What is the answer to 20?
    9·1 answer
  • States in which region receive more of their revenue from the federal government than do most other states? the west the northea
    9·1 answer
  • Corey wants to reorganize the company. Currently there are HR units at each plant, fiscal units at each plant, and purchasing un
    7·2 answers
  • What economic benefit has the debt reschedule for developing countries?
    10·1 answer
  • HELP!
    9·1 answer
  • Her current campaign has a total investment of $25,500, generates 1,500 conversions, and has a CPA of $17. Which plan, built in
    15·1 answer
  • Shen manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g
    13·1 answer
  • The fiscal year-end 2016 financial statements for Walt Disney Co. report revenues of $55,632 million, net operating profit after
    5·1 answer
  • Gruman Company purchased a machine for $198,000 on January 2, 2016. It made the following estimates:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!