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asambeis [7]
4 years ago
7

Webster's has beginning net fixed assets of $684,218, ending net fixed assets of $679,426, and depreciation expense of $48,859.

What is the net capital spending for the year if the tax rate is 25 percent? A. $42,920 B. $53,651 C. $44,067 D. $35,255 E. $48,600
Business
1 answer:
MariettaO [177]4 years ago
4 0

Answer:

Option C is correct

What is the net capital spending for the year = $44,067

Explanation:

<em>Net fixed assets at the end = Value of assets before depreciation- depreciation expense.</em>

This can be re-rearranged as follows:

Value of asset before depreciation = Net fixed assets +depreciation

                                                       = 679,426+48,859= 728285

The net capital spending = Value of assets before depreciation - beginning net assets

                                         =$728,285 -

$684,218=44,067

What is the net capital spending for the year = $44,067

The tax rate has no relevance in the calculation.

                           

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Answer: Is advertising influencing her?

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TiliK225 [7]

Answer:

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Explanation:

Compound interest is preferred because it calculates interest on the principal amount and the accrued interest. In compounding interest, the interest earned in the period is added to the principal to become the new principal amount. Interest earned at the end of every year will higher than the previous period as the principal amount increases at the beginning of a period.  

Interest earned by the compound interest method grows much faster compared to the fixed-rate interest method. Investors wishing to have better returns from their savings will prefer the compound interest method.

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4 years ago
Data pertaining to a company's joint production for the current period follows
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Answer: a. $295.81.

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3 0
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The risks associated with Olive limited is that there is no segregation of duties, Richard Palm is preparing journal vouchers, posts the journal vouchers and reconciles the balance himself. If he makes an error in recording a transaction there is no one who reviews his work and can identify an error. Also if Richard is involved in a fraud and collaborates with purchase department or sales department staff, he can pass a transaction without any supervision.

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