Answer:
B) Total assets increased by $200.
Explanation:
If during Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its owners. Based on this information alone:
Then it is correct that there was a net income of $350 before the payment of dividend which is gotten by 1,950 - 1,600. Cash from operating activities will also be the same amount of $350.
However it will not be correct to state that assets increased by $200 as there is no such indication.
The four types of entrepreneur described by Arthur Cole were the Innovator, the Organization Builder, the Over-Optimistic Promoter, and the Calculating Investor.
Answer is A) Investor.
Answer:
$34.46
Explanation:
In this Question there is Highest value of 10% and the probability of 90%.
we will use following formula to calculate the highest value of the stock
z value = ( x - mean ) / Standard deviation
where
x = the highest value
z score value at 10% = 1.28
Placing value in the formula
1.28 = ( x - $29.51 ) / $3.87
1.28 x $3.87 = x - $29.51
$4.9536 = x - $29.51
x = $4.9536 + $29.51
x = 34.4636
Answer: e. Airline O has less lease assets at the inception of the lease
Explanation:
With operating leases, the entity leasing the asset or the lessee, does not get the rights to ownership of the asset being leased but instead simply pay a fee or sort of rent for leasing the asset.
With a finance lease however, ownership is passed to the lessee for the lease period and the lessee would have to depreciate the asset and record it in its books.
Airline O will therefore not record any assets but Airline F will. This means that Airline F will have more assets than O because it had to record its assets but O did not.
Answer:
The correct answer is A) $2.800
Explanation:
Using the straight-line method to depreciate, the calculation to find the depreciation tax shield is the following:
- Finding the depreciable cost:
- Finding the depreciation per year:
- Finally, the depreciation tax shield for 2018:
