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3 years ago

What is one major drawback of low-return investments compared to high-

Business

2 answers:

Ray Of Light [21]3 years ago

6 0

Answer:

low return investments are less likley to produce high returns

Explanation:

alexandr1967 [171]3 years ago

5 0

Answer:

Low-return investments have a greater risk of failing to grow at all.

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The King Corporation has total annual revenue of $800,000; expenses other than depreciation of $350,000; depreciation expense of

tatiyna

Answer:

Results are below.

Explanation:

<u>First, we will determine the net income for tax purposes:</u>

Sales= 800,000

Expenses other than depreciation= (350,000)

Gross profit= 450,000

Depreciation= (200,000)

EBT= 250,000

Tax= (250,000*0.34)= (85,000)

Depreciation= 200,000

Net income= 365,000

<u>Now, for reporting purposes:</u>

Gross profit= 450,000

Depreciation= (130,000)

EBT= 320,000

Tax= (320,000*0.34)= (108,800)

Depreciation= 130,000

Net income= 341,200

8 0

3 years ago

The evidence of debt and personal promise to repay that debt is called

xz_007 [3.2K]

This evidence will be called 'Note'

6 0

3 years ago

The following are budgeted data:

kicyunya [14]

Answer:

d. 18,570 pounds

Explanation:

The computation of the raw material purchased for the month of February is shown below:

= Production in units + ending inventory - beginning inventory

where,

Production in units = 19,200

Ending inventory is

= 17,100 × 30% × 1

= 5,130

And, the beginning inventory is

= 19,200 × 30% × 1

= 5,760

So, the raw material purchased for the month of February is

= 19,200 + 5,130 - 5,760

= 18,570 pounds

We simply applied the above formulas

7 0

3 years ago

The Overnight Construction Company has just signed a collective bargaining contract in which it agrees that all workers it hires

Klio2033 [76]

Answer:

a closed shop

Explanation:

Based on the scenario being described within the question it can be said that this provision reflects a closed shop. This term refers to a specific place of employment in which all the individual's who are employed in this place must currently belong to an agreed trade union and be following all the guidelines set forth by the union. Such as the Overnight Construction Company has stated that must be the case in order to hire an individual.

3 0

4 years ago

Read 2 more answers

Computing and Assessing Plant Asset Impairment

AVprozaik [17]

Answer:

a. Depreciation expense = (Cost - Salvage value / Useful life

Depreciation expense = ($225,000 - $25,000) / 10 years

Depreciation expense = $20,000

b. Equipment's net book value = Cost of equipment - Depreciation for 4 years

Equipment's net book value = $225,000 - ($20,000 * 4)

Equipment's net book value = $225,000 - $80,000

Equipment's net book value = $145,000

c. When the sum of undiscounted expected cash flows < Net book value of asset, then the asset is impaired

Here, $125,000 < $145,000. So, the equipment is impaired.

Impairment loss = Net book value of asset - Fair value of asset

Impairment loss = $145,000 - $90,000

Impairment loss = $55,000

8 0

3 years ago