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lozanna [386]
2 years ago
7

(True) or (False)? The most common method companies use is double-declining balance, because it allows companies to recognize fo

r depreciation expense up front.
Business
1 answer:
Marrrta [24]2 years ago
5 0

Answer:

false

Explanation:

my teacher said it was false but she could be wrong

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Which one of the following is an example of cash flows from operating activities? Multiple Choice Proceeds from collecting the p
Dahasolnce [82]

Answer:

Receipts of cash from sales.

Explanation:

Operating activities in the cash flow statement refers to that statement in which the cash sales, cash payments are recorded. These transactions are recorded when the company use the direct method and for an indirect method the other things should be considered as changes in working capital, depreciation expenses, profit and loss on sales of fixed assets, etc

Therefore the last option is correct

7 0
3 years ago
Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics
ANTONII [103]

Answer:

A is not Managerial accounting the correct answer is  Financial accounting

8 0
3 years ago
Selecting a base year and expressing each amount as a percent of the base year amount is called:
Sliva [168]

The process of selecting a base year and expressing the amount as a percent of the base year amount is referred to as trend analysis. Percentage change can be calculated between two periods or over a longer period of time.

Percentage change between two periods:

<span> Subtract the earlier year from the later year. A negative difference means the change is a decrease. A positive difference means it is an increase. Then divide the change by the earlier year's balance. </span>

Percentage change over a longer period of time:

<span>1.    </span>Select the base year.

<span>2.    </span><span>Divide the amount in each nonbase year (for each line item) by the amount in the base year and multiply by 100.</span>

4 0
3 years ago
Suppose economists observe that an increase in government spending of $15 billion raises the total demand for goods and services
kozerog [31]

Answer:

1/4

Explanation:

MPC = dC/dY

dC is the change in consumption

dY is the change in demand for goods and services.

MPC = 15/60 = 1/4

If allowance is made for crowding out, the new estimate will be larger.

8 0
3 years ago
A business segment reports segment revenues of $1.2 million, segment costs of $1.0 million, and allocated corporate overhead cos
topjm [15]

Answer:

d. decrease by $200.000.

Explanation:

The computation of the segment profit is shown below:

Segment profit = Segment revenues - Segment cost

                         = $1.2 million - $1.0 million

                         = $0.2 million or $200,000

Since the management want to drop the segment which results to decrease in the overall corporate profits that means the segment profit will also got decreased by  $200,000

The overhead cost is not relevant. Hence, ignored it

6 0
3 years ago
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