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Inga [223]
3 years ago
9

You are comparing two companies in the same industry. You have determined that Gore Corp. depreciates its plant assets over a 40

-year life, whereas Ross Corp. depreciates its plant assets over a 20-year life. Discuss the implications this has for comparing the results of the two companies.
Business
1 answer:
love history [14]3 years ago
5 0

Answer:

Gore Corp. is depreciating over a longer term than Ross Corp. This means that on a yearly basis, they will have less depreciation expenses. This would give them a higher net income than Ross Corp but as a result they will then have to pay a higher tax.

Ross Corp on the other hand will be depreciating over a shorter term so this would mean that they are recognizing a higher depreciation expense per year. This would mean that their net income will be lower and by extension their taxes will be lower as well.

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In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 200 units a
egoroff_w [7]

Answer:

$7.91

Explanation:

The weighted-average unit cost uses the weighted concept to determine the costs of goods sold or inventory costs. Its formula is a is below

weighted -average costs =  <u>costs of goods available for  sale</u>

      units available for sale

For Sunland company,

Total costs of goods available =(200 x $7) +(540 x $8) + (125 x$9)

=1400 + 4320+1125= 6845

Total units available for sale= $200 + $540 +$125 =$865

WAC = 8645/865

=$7.91

8 0
3 years ago
5. A nation's frictional unemployment rate is 1%. Its cyclical rate of unemployment is 9.7%, and its structural
umka2103 [35]

Answer:

14.7%

Explanation:

Frictional unemployment occurs when a person willingly quits his/her job in order to seek a better job.

Structural unemployment occurs when a person's skills do not fit the skills required by the firms that are hiring.

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3 years ago
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Marina86 [1]

Answer:

Scatter Diagram.

Explanation:

Scatter Diagrams are convenient mathematical tools to study the correlation between two random variables. As the name suggests, they are a form of a sheet of paper upon which the data points corresponding to the variables of interest, are scattered.

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Komok [63]
Hello there!

The correct answer is D. All of the above organizations provide these services.

Hope This Helps You!
Good Luck :)
4 0
3 years ago
When a tax is placed on a product, it’s_________increases, so it’s_________ may decrease. People react to the higher prices by b
Ivan

Answer:

<em>The answer is product, sales, similar products.</em>

Explanation:

Hope This Helps.

4 0
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