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Vikki [24]
2 years ago
10

As seen on an income statement:

Business
2 answers:
larisa [96]2 years ago
8 0

Answer:

b. depreciation reduces both the pretax income and the net income.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

An income statement comprises of the financial information about the income and expenses of an organization over a specific period of time.

Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.

The Modified Accelerated Cost Recovery System (MACRS) can be defined as a depreciation system that avails business owners or companies the ability and opportunity to recover or recoup the cost basis of physical assets that have experienced deterioration over a specific period of time.

In the United States of America, the Modified Accelerated Cost Recovery System (MACRS) is used mainly for tax purposes because it gives room for faster depreciation of a physical asset in its first years or initial usage and reduces depreciation as it is being used over a long period of time.

Generally, it can be deduced from an income statement that depreciation reduces both the pretax income and the net income of a business firm or an organization.

dlinn [17]2 years ago
4 0

Answer:

b. depreciation reduces both the pretax income and the net income.

Explanation:

As seen on an income statement: <u>depreciation reduces both the pretax income and the net income.</u>

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Vsevolod [243]

Answer:

Labour rate variance

= (Standard rate - Actual rate) x Actual hours worked

= ($12 - $13) x 320,000 hours

= $320,000(U)

The correct answer is C

Explanation:

Labour rate variance is the difference between standard labour rate and actual labour rate multiplied by actual labour hours worked.

7 0
3 years ago
When different invest Assume​ Evco, Inc. has a current stock price of $ 50.00 and will pay a $ 2.00 dividend in one​ year; its e
Yakvenalex [24]

Answer:

The correct answer is $55.5.

Explanation:

According to the scenario, the given data are as follows:

Stock Price = $50

Dividend  = $2

Equity cost   = 15%

So, we can calculate the Price of the stock after 1 year by using following formula:

Stock Price = ( Dividend + Stock price after 1 year) ÷ ( 1 +  Equity cost)

By putting the value we get

$50 = ($2 + Stock price after 1 year) ÷ ( 1 + 0.15 )

Stock price after 1 year = [$50 × 1.15] - $2

= $55.5

5 0
3 years ago
Which type of competitive strategy is characterized by convincing rivals not to enter a price war, protection from customer pres
Varvara68 [4.7K]

Answer:

Overall cost leadership.

Explanation:

Cost leadership can be defined as to lowest cost that is available in an industry. A cost leader in an industry has achieved a competitive advantage by being able to give the lowest price compared to other businesses in the market

Even where there is high competition businesses with low cost advantage perform well and have good profit margins.

So to avoid overall cost leadership firms convince rivals not to enter a price war, protection from customer pressure to lower prices, and the ability to better withstand cost increases from suppliers.

4 0
3 years ago
Having a __________ to give you information and encouragement can contribute to a successful career. [ Choose ] Review your ____
leonid [27]

Answer:

Profession

Job descriptions

Objectives

team

professional

company manual

appraisal

professionalism

be integrity

Explanation:

An employee is a professional who is qualified with skills that are required for a certain jib. He is assigned his job description when he is hired and it is expected that he will be able to perform his duties with integrity and objectivity.

8 0
2 years ago
Explain why the sampling method stated in (1) is the most efficient<br> method.
Natali5045456 [20]

Answer:

As with all probability sampling methods, simple random sampling allows the sampling error to be calculated and reduces selection bias. A specific advantage is that it is the most straightforward method of probability sampling.

7 0
2 years ago
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