What is the answer to this question?

Swifty Company uses the units-of-activity method in computing depreciation. A new plant asset is purchased for $41000 that will

cluponka [151]

Answer:

depreciation rate per unit $0.34

Explanation:

To calculate the depreciation cost per unit we divide the amount subject to depreciation by the estimated untis production over its useful life:

depreciable amount:

$41,000 - $3,600 = $ 37,400

depreciation rate:

$37,400 / 110,000 units = $0.34

8 0

3 years ago

Blake Company purchased two identical inventory items. The item purchased first cost $17.00, and the item purchased second cost

BaLLatris [955]

Answer:

Ending inventory will be lower if Blake uses the weighted-average rather than the FIFO inventory cost flow method.

Explanation:

Ending inventory will be lower if Blake uses the weighted-average rather than the FIFO inventory cost flow method.

True as under weighted average:

(17 + 18) / 2 = 17.50

the ending inventory will be one unit valued at $17.50

while under FIFO the 17 dollar unit was sold and declare cost

while the second is keep under ending invenotry at $18.00

7 0

3 years ago

Newell Rubbermaid Inc. manufactures and markets a broad array of office products, tools and hardware, and home products under a

ValentinkaMS [17]

Income Taxes Using appropriate headings and subtotals prepare a multiple-step consolidated income statement.

An Income tax is a tax imposed on people or entities in admire of the income or profits earned by way of them. income tax generally is computed because the manufactured from a tax price instances the taxable earnings. Taxation fees can also vary by using the kind or characteristics of the taxpayer and the type of profits.

Consolidated Income statement

Particulars Amount

Net Sales $ 5,864. 6

Less: Expenses

Cost of Products sold = $ 3,6594.4

Gross Profit = $2,205.2

Less: Operating expenses

Selling general, and administrative expenses $ 1,515.3

Other expenses $ 432.7

Operating Income = $ 275

Less: Non-operating expenses

Interest and other non-operating expenses $ 104.7

Income before Taxes = 152.5

Less: Income Tax expense $ 17.9

Income after Taxes = $134.6

Less: Loss on sale of Discontinued Operations

(net of income taxes) $9.4

Net Income $ 125.2

Learn more about Net Income here:-brainly.com/question/15530787

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6 0

2 years ago

A wealthy customer has been asked by his neighbor to invest in the private placement of a "start-up" technology company as a ven

Ivanshal [37]

Options:

I because these securities are not registered with the SEC, such an offering would be illegal in the United States

II because the securities are not registered with the SEC, they can only be resold in the public markets if the company effects a registered primary distribution and is current in its SEC filings

III public resale of these securities can only occur if the customer holds the securities for 6 months "at risk" and then sells the securities in measured quantities

IV these securities can only be resold by the customer to underwriters that will buy the securities into their inventory and then register them with the SEC

Answer:

II because the securities are not registered with the SEC, they can only be resold in the public markets if the company effects a registered primary distribution and is current in its SEC filings

III public resale of these securities can only occur if the customer holds the securities for 6 months "at risk" and then sells the securities in measured quantities

Explanation:

Option I is wrong because this type of operations is completely legal, and they are called private placements.

Option IV is also wrong because the underwriters do not register the stocks with the SEC, the company must be public in order for it to be registered and their stocks publicly traded.

Option II is correct because you can privately resell the stocks, but the market is very limited.

Option III is correct because if the company does turn public, then the investor must hold the stocks for 6 months "at risk" (no puts purchased) before being able to sell them on public markets.

6 0

3 years ago

Which one of the following should NOT be included in the project analysis of the manufacturing of a new product? A) Change in ne

trasher [3.6K]

Answer:

Option(c) is the correct answer to the given question

Explanation:

The project analysis means finding the cost of project ,project is working properly as the customer need and other factor are used to check the manufacturing of new product.

Following are features of project analysis in the new product

Improve in net working capital of associated with the release of a new program.
The capital expenditures of a new project which work in the favour of a company's business working capital.
The variations in the working capital of a company with or without a specific project.

All the other option are related to project analysis of the manufacturing of a new product that's why they are incorrect according to the question .

3 0

3 years ago

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