Answer:
The correct answer is letter "E": Accessory equipment.
Explanation:
Accessory equipment comes with certain products but does not influence their performance. Removing accessory equipment from the good it is attached to does not damage the product. Accessory equipment is nonexpendable and not used for the production of an item.
<em>When it comes to shipping, pallets can be considered accessory equipment since they help organizing the products being delivered reducing costs.</em>
Answer:
$1,290,000
Explanation:
Given that,
Cash flow to creditors = -$85,000
Cash flow to stockholders = $170,000
Firm’s net capital spending for 2018 = $1,250,000
Firm reduced its net working capital investment by $45,000
Cash Flow from Assets:
= Cash Flow to Creditor + Cash Flow to Stockholders
= -$85,000 + $170,000
= $85,000
Cash Flow from Assets = OCF - Net Capital Spending - Change in Net Working Capital
$85,000 = OCF - $1,250,000 - (-$45,000)
OCF = $85,000 + $1,250,000 - $45,000
= $1,290,000
Answer:
D --> 3
B --> 2
A --> 1
C --> 4
Explanation:
1.- The company should pick the most probable outcome when possible to evaluate liabilities, and only recognize revenues and assets with certain.
Between two favorable figures, it will pick the lowest if it is not certain about the second outcome.
2.-The accounting should disclosure all information useful for third parties to make knowledgeable decisions about a company
3: the accounting should keep the same method over the years, so the assets valuation follow a certain logic. If the accounting change method every year, then the valuation of the assets will differ from period to period. This will make the books of previous year difficult to compare with the current year.
4.- The company needs to show any important data which is significant to the business
Answer:
The 9,300 should Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement
Explanation:
The non-collectible accounts expenses on its Year 2 income statement is shown below:
= Ending balance + write off balance - opening balance
= $6,000 + $7,200 - $3,900
=$9,300
The accounts receivable is not to be considered because we have to find out the uncollectible accounts expense, so the account receivable balance should not be taken in the computation part.
Hence, the 9,300 should Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement
