Answer: Depreciation is tax deductible
Explanation:
Depreciation on assets is recognized by tax authorities as an expense that a business actually incurs so when the income statement is calculated, depreciation needs to be removed as the expense that it is so that taxes can be calculated on the profit.
Depreciation however, does not take actual cash from the company i.e the company does not actually pay anyone cash for depreciation like most other expenses. It needs therefore to be added back to the Free Cash Flow because the FCF deals with how much actual cash the company has which is something that Depreciation being a non-cash expense did not reduce.
Answer:
$3,860
Explanation:
The balance in the account Allowance for Doubtful Accounts is expected to be the projected amount in receivables of the company that will not be converting to cash.
Therefore to calculate final balance of allowance for doubtful balance
Beginning balance 2700
Bad debt expense (410000*1%) 4100
Less: Written off -2940
Ending balance 3860
So answer is $3,860
Answer:
A shoulder was turned towards her partner to make sure everything that was presented was taken by her.
Explanation:
In order to change the active sentences into passive sentences, the object in the active sentence is changed into the subject. For example in the above given example, the object is shoulder which is changed into the subject and then the sentence is formed accordingly.
So now it becomes "A shoulder was turned towards her partner to make sure everything that was presented was taken by her."
I hope the answer is helpful.
Thanks for asking.
Yes its true primary research is more expensive tha secondary market research
