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
Svet_ta [14]
4 years ago
6

Last year Almazan Software reported $10.500 million of sales, $6.250 million of operating costs other than depreciation, and $1.

300 million of depreciation. The company had $5.000 million of bonds that carry a 6.5% interest rate, and its federal-plus-state income tax rate was 25%. This year's data are expected to remain unchanged except for one item, depreciation, which is expected to increase by $0.670 million. By how much will net income change as a result of the change in depreciation? The company uses the same depreciation calculations for tax and stockholder reporting purposes. (Round your final answer to 3 decimal places.)
Business
1 answer:
castortr0y [4]4 years ago
8 0

Answer:  -($0.5025) million

Explanation:

As depreciation is expected to increase this year by $0.670 million.

Therefore,

Expenses will increase and will result in decrease in income before tax by $0.670 million.

Additional tax saving on increase in depreciation = $0.67 × 25%

                                                                                   = $0.1675 million

Hence,

Total change in net income = -($0.67) + $0.1675

                                              = -($0.5025) million

You might be interested in
When you use multiple worksheets in Excel and you retrieve information from one to go to into another
scoundrel [369]

Answer:

A. Start by using the = in the cell where you wish to put the information.

Explanation:

Click the cell you want to place the information, then enter the " = " sign in it. Move the cursor to the sheet from which you want to retrieve information and click the cell with the information you want to retrieve. Automatically excel displays that information on the first sheet.

3 0
3 years ago
Consider the following information about production in quarter 1 of 2019. Firm T produces 600 tires at a cost of $28 each, and s
bekas [8.4K]

Answer:

$3,860

Explanation:

<u>Value of stock at the end of Firm T:</u>

Firm T has stock of 20 tires at the end of the year

The cost price is $28 per tire

Value = Closing stock * Cost price of each tIres

Value = 20 * $28

Value = $560

<u />

<u>Value of stock at the end of Firm B:</u>

Firm B has stock of 10 bicycles at the end of the year

The cost price is $330 each

Value = Closing stock * Cost price of each bicycle

Value = 10 * $330

Value = $3,300

Value of the inventory investment = Value of stock at the end of Firm T + Value of stock at the end of Firm B

Value of the inventory investment = $560 + $3,300

Value of the inventory investment = $3,860

8 0
3 years ago
Short Corp. reported net income of $63,000 for the year and had a tax rate of 30%. Net sales were $300,000 and Operating expense
Mekhanik [1.2K]

Answer:

Cost of goods sold  : $ 120.000

Explanation:

income before taxes   : 63000 / 0.7 = 90000  

(+) expenses                                          90.000

Total                                                      180.000

(-) net sales                                         300.000

= cost of goods                                   120.000

7 0
3 years ago
Which kind of data warehouse is created separately from the enterprise data warehouse by a department and not reliant on it for
Lana71 [14]

Independent Data Mart is created separately from the enterprise data warehouse by a department and not reliant on it for updates

<h3>What is an independent data mart?</h3>

Data marts are one of the keys to effectively converting information into insights in a market dominated by big data and analytics. Large data sets are normally dealt with by data warehouses, yet easy-to-find and immediately available data are needed for data analysis. Should a business person have to run difficult queries in order to acquire the data they require for their reports? No, which is why savvy businesses employ data marts.

Often a partitioned section of an enterprise data warehouse, a data mart is a subject-oriented database. Typically, a data mart's subset of data corresponds to one particular business unit, such as sales, finance, or marketing.

Data marts speed up business processes by enabling quick access to pertinent data in a data warehouse or operational data store, rather than having to wait months or more. A data mart is an economical way to quickly obtain useful insights because it only includes the data relevant to a certain business area.

Thus, it is a data mart where the data warehouse is created separately from the enterprise data warehouse by a department and is not reliant on it for updates.

For more information on Data mart, refer to the given link"

brainly.com/question/13989635

#SPJ4

4 0
2 years ago
There are ____ members of the Federal Reserve Board of Governors. Which of the following contributes to making the Federal Reser
gregori [183]

Answer:B. It's role it's written into the US Constitution.

Government bonds, will buy

Explanation:

The writing of role in the construction will make it rather impossible to influence it's duties.

The sales and purchases of goverments bond it's used in influencing the money supply. When the money supply is to be reduce the federal reserves sale bond and when it's to be increase they purchase the

bond.

5 0
3 years ago
Other questions:
  • Cane company manufactures two products called alpha and beta that sell for $225 and $175, respectively. each product uses only o
    15·1 answer
  • Lake Corporation is considering the elimination of one of its segments. The segment incurs the following fixed costs. If the seg
    15·1 answer
  • What is likely to lead to a decrease in the price of a company's stock?
    10·1 answer
  • How to make money to live comfortably
    9·2 answers
  • On January 1, Sway Corporation had 60,000 shares of $10 par value common stock outstanding. On March 17, the company declared a
    11·1 answer
  • The following events took place for Technology Treasures Manufacturing Company during January, the first month of its operations
    8·1 answer
  • Incremental costs - Initial and terminal cash flow
    8·1 answer
  • Wixis Cabinets makes custom wooden cabinets for high-end stereo systems from specialty woods. The company uses a job-order costi
    7·1 answer
  • Take it and go don't wast my time
    8·2 answers
  • If Amazon enters the Japanese online market by translating its U.S. website into Japanese the company is using which internation
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!