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
The given statement is TRUE
Explanation:
The global overhead rate is a standard overhead rate used by a company to transfer all of its overhead cost for production to goods or objects of cost. It is most widely used with simple cost models in smaller businesses.
In fact, the typical company prevents the use of a single overhead rate throughout the whole plane, instead using a small number of separately allocated cost pools with different overhead rates. In this way, the overall assignment is improved, but the time necessary to close the books is increased. There is a balance between a larger transparency effort to track and distribute multiple expense pools and the improved consistency of this additional effort in the financial statement.
Answer: Stock market works by doing an activity of buy/sell. It is a profit process. For example, you bought something cheap and sell it expensive that is profit.
Explanation:
Answer:
C. decreased by $40 billion
Explanation:
For computing the lending ability, first we have to determine the money multiplier which is shown below:
We know that
Money multiplier = 1 ÷ reserve ratio
= 1 ÷ 20%
= 5
So, the total cash would be
= $10 billion × $5
= $50 million
Now the lending ability would be
=$50 billion × (1 - 20%)
= $50 billion × 0.80
= $40 billion
