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3 years ago

What is the greatest concern with applying new technologies like the cloud in manufacturing?

Business

1 answer:

Sergeu [11.5K]3 years ago

3 0

Answer:

Theft of intellectual property.

Explanation:

Cloud computing is making hardware, software and data available on demand via a network, often the internet. The cloud stands for a network that, with all the computers connected to it, forms a kind of 'cloud of computers', where the end user does not know how many or which computers the software runs on or where those computers exactly stand. In this way, the user no longer needs to be the owner of the hardware and software used and is therefore not responsible for maintenance. The details of the information technology infrastructure are hidden from view and the user has his own virtual infrastructure, scalable in size and possibilities. The cloud is therefore a technique with which scalable online services can be offered. Without the ability to scale, an online service offered does not relate to cloud computing.

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INCOME STATEMENT Patterson Brothers recently reported an EBITDA of $7.5 million andnet income of $2.1 million. It had $2.0 milli

VLD [36.1K]

Answer:

$ 1.75 million

Explanation:

EBITDA stands for Earnings Before Interest, Tax, Depreciation and Amortization. Net Income is Earnings after Interest, Tax, Depreciation and Amortization.

So to find charge for depreciation and amortization we need to reconcile the EBITDA to the Net Income and find the missing figures,

<u>Reconciliation of EBITDA to the Net Income</u>

EBITDA $7.5 million

Less Net income ($2.1 million)

Interest, Tax, Depreciation and Amortization $5.4 million

Less Interest expense ($2.0 million)

Less Corporate tax ($7.5 million - $2.0 million) × 30% ($1.65 million)

Charge for depreciation and amortization $ 1.75 million

6 0

3 years ago

Pat's taxable income exceeds $157,500 and thus he is required to phase out his QBI deduction. The phase-out calculation is: a.Th

lesya692 [45]

Answer:

correct option is (a) The lesser of 50% of business wages or 25% of wages plus 2.5% of the unadjusted basis of qualifying property

Explanation:

As we know that when a single taxable income of the single filer is exceed by $157,000 by the $50000 or more, then their QBI must not exceed

50% of the taxpayer's share of W-2 wages paid in respect of a qualified trade or occupation
25% of such salary and 2.5% on a volatile basis immediately after acquiring the tangible depreciation asset

Qualified Business Income (QBI) exemption refers to taxable income recognized by a partnership, S corporations, LLC or sole proprietorship. This is below the line deduction that does not deduct your AGI, but it does reduce the amount of taxes.

6 0

3 years ago

Drag the tiles to the correct boxes to complete the pairs.

aleksandr82 [10.1K]

Tha is thanks for the free 8 points

7 0

3 years ago

The group of accounting educators who offer their opinions about proposed FASB statements, after research has been done to deter

sasho [114]

Answer:

.D. the AAA.

Explanation:

The American Accounting Association (AAA) is a global accounting education, analysis and practice excellence organization. It is a voluntary group of people with a passion in research and education in accounting.

4 0

3 years ago

The separate condensed balance sheets of Patrick Corporation and its wholly owned subsidiary, Sean Corporation, are as follows:

Simora [160]

Answer:

Patrick Corporation Group

a. The amount of total assets is:

= $1,544,000.

b. The amount of total stockholders' equity that should be reported is:

= $1,136,000.

Explanation:

a) Data and Calculations:

BALANCE SHEETS December 31, 2017

Patrick Sean Consolidated

Cash $70,000 $70,000 $140,000

Accounts receivable (net) 146,000 38,000 184,000

Inventories 100,000 46,000 168,000

Plant and equipment (net) 622,000 262,000 884,000

Investment in Sean 470,000 - -

Goodwill 168,000

Total assets $1,414,000 $424,000 $1,544,000

Accounts payable 176,000 90,000 266,000

Long-term debt 102,000 40,000 142,000

Common stock ($10 par) 340,000 64,000 340,000

Additional paid-in capital 14,000

Retained earnings 796,000 216,000 796,000

Total liabilities and

shareholders' equity $1,414,000 $424,000 $1,544,000

b) Total stockholders' equity after consolidation is calculated as:

Common stock ($10 par) 340,000

Retained earnings 796,000

Total equity = $1,136,000

5 0

3 years ago