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siniylev [52]
2 years ago
6

Forecasted depreciation expense, commonly estimated as: [(Current year depreciation expense / Prior year PPE, net) x Current yea

r PPE, net] , is added back to net income in the cash flow from operating activities section of the Statement of Cash Flows.A. TrueB. False
Business
1 answer:
Radda [10]2 years ago
8 0

Answer: True

Explanation:

The Statement of Cash flows is prepared to show the cash transactions of a company and only cash. The effect of anything non cash is not shown.

Depreciation is a non-cash expense which means that it reduces the net income without actually reducing the cash to the company. It would therefore be added back to the cash balance of the company so as to reflect that it did not reduce cash. The addition will be in the operating activities of the Statement of Cashflows.

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Miramar Industries manufactures two products, A and B. The manufacturing operation involves three overhead activities - producti
PolarNik [594]

Answer:

General overhead= $3.81 per direct labor hour

Explanation:

Given the following information:

General Overhead $80,000 Number of direct labor hours

Number of direct labor hours 9,000 12,000= 21,000

<u>To calculate the activity rate, we need to use the following formula:</u>

Activity rate= estimated costs / total amount of allocation rate

General Overhead= 80,000 / 21,000

General overhead= $3.81 per direct labor hour

8 0
2 years ago
Yakov hires Melina to be his Vice President for Marketing. The job description is pretty broad but does not include the ability
Maksim231197 [3]

Answer:

If Melina has this power, it is based on her<u> "implied authority".</u>

Explanation:

Implied authority is considered different from actual authority. Implied authority is made in a circumstance where the authority to follow up for the benefit of another person is suggested by the activities of the individual.  

Implied authority refers to the authority which is not written into an agreement.

6 0
2 years ago
Product B has revenue of $39,500, variable cost of goods sold of $25,500, variable selling expenses of $16,500, and fixed costs
Kay [80]

Answer:

We should discontinue Product B

Explanation:

We should check if Product B generates a contribution or not:

We subtract from the sales revenues the variable cost:

revenue                                   39,500

variable cost of goods sold   (25,500)

variable selling expenses   <u>   (16,500) </u>

Contribution                              (2,500)

<em>As the contribution is negative, we should discontinue </em>Product B as is less expensevely to stop production than continue.

3 0
3 years ago
What is the line manger
Lesechka [4]

Answer:

it a person that is in line to be the nexted manger

Explanation:

5 0
2 years ago
Use your newly found knowledge to explain credit card disclosure statements to someone who has never received one. Write a one t
Anastaziya [24]

Answer:

Credit card disclosure statements include almost everything you need to know about credit cards. The statements include the APR rates, Annual Fee, Late Fees, and Introductory Rates. Annual Percentage Rates are one of the most important things to do with credit cards. They are the costs of the loan each year expressed as a percentage. Loans are used for pretty much everything nowadays. Most people only use them for things like buying cars or buying a house. Lenders for loans often check your credit score, years of employment and other things. Having credit card debt affects your ability to get loans. That is why it’s important to pay off credit cards on time rather then late. Disclosure statements help everyone figure out the information on their credit card and their payments.

7 0
3 years ago
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