Answer:
Decrease in Bank balance and increase in fixed assets
Explanation:
When a new depreciable asset is purchased, the money leaves the bank account hence reducing the bank balance in the statement of financial position, and on the other hand the 'Fixed asset' balance will rise by the same amount; recognizing the addition to the assets of the company. In this scenario the balance sheet totals remain unchanged as the same amount has been subtracted from 'bank' and added to 'fixed assets' all within the asset side.
However, if the asset is debt financed, it will increase the long term liability figure because 'bank loan' will be recognized. Hence the totals of the balance sheet will rise by the amount of the loan on the 'Capital and liabilities' side and the amount of the asset on the 'Asset' side.
Another impact is that the amount of depreciation charged to the Income Statement will be higher than $2,946,667 which was charged in the previous year because the new asset's depreciation will have to be added.
Answer:
reach us to get instant help with your assignments https://toplivewriters.com
Explanation:
Answer:
6.85%
Explanation:
Mean = 575,234
Standard deviation = 10,245
Project will be successful when PV > 560,000
For not getting success, PV < 560,000
P (X < 560,000) = <em>P </em>(Z < (560,000-575,234)/10,245)
P (X < 560,000) = <em>P </em>(Z < -1.48697)
P (X < 560,000) = 0.0685
P (X < 560,000) = 6.85%
Therefore, the chance that the project will NOT succeed is 6.85%
Answer:
The answer is a. downward; investors; increasing
Explanation:
The lower the interest rate, the greater the desire for loanable funds. Similarly, at higher interest rates, less funding demanded.
Answer: D. select a method results in lower taxes. (e) select a method results in lower net cash provided by operating activities
Explanation: Statement for LIFO and FIFO are rising definitely the organisation would want to reduce its taxes to significant amount and its operating activities would be checked during this period because it boils down to the price at which the product is being manufactured and sold out to the different customers that buys the company good. Last in first out and first in First out. This rule is used in warehousing and inventory management.