Answer:
The correct answer is D.
Explanation:
Giving the following information:
Maker Co. discovered that in the prior year it incorrectly calculated depreciation expense and reported $75,000 in depreciation expense instead of the correct depreciation expense of $50,000. The tax rate for the current year was 35%.
We need to calculate two different impacts:
Accumulated depreciation= actual depreciation - original depreciation
Accumulated depreciation= 50,000 - 75,000= 25,000 overstated
Now, the effect on income:
Savings in tax= 25,000*0.35= $8,750
Developing new menu offerings has been one of the commonly used marketing strategies by restaurants to address changes in competition to other competing restaurants. They advertise their menu by creating banners and using social media to inform the customers on their new menus.
Answer:
<em>d. gaining exposure</em>
Explanation:
<em>The stated event that Kimberly indulge is an example of</em> gaining exposure.
Gaining exposure is basically known as a gain of experience. Exposure has its meaning that is known as experience.
<em>Kimberly wants to gain experience</em> which is also known as gaining of exposure. <em>That is the reason that wants to learn about the up-to-dated development in agricultural equipment and as well as tools.</em>
Answer:
Living will.
Explanation:
Living will can be described as a legal document in which an individual clearly states the type of treatment he or she will prefer in a situation whereby they are unable to communicate their wishes.
A living will enables an individual to make the right decision on the form of life support treatment that he or she would prefer to help aviod any form of confusion.
Answer:
2.6 years
The appropriate response to carry out the project if the payback period is within the acceptable payback period of the company
Explanation:
Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.
Payback period = amount invested / cash flow
Cash flows is used in calculating the payback period.
To derive the payback period from net income, add depreciation to net income
$82,000 + $42,000 = $124,000
$321,000 / $124,000 = 2.6 years
I hope my answer helps you
