Why does my dad stick his weener up my dog

Raphael Corp. incorrectly expensed a major addition to equipment when the company should have capitalized the expenditure. What

noname [10]

When Raphael Corp. incorrectly mentioned an expense of equipment addition instead of capitalizing the effect of the same, then in such case, the net income of the company is understated in the financial statements.

<h3>What is net income?</h3>

The income which is left at the end of an organization at the end of a financial period after making all the regulatory and compliant payments and deductions, such as taxes and depreciation, it is known as net income.

Hence, the significance of net income is aforementioned.

Learn more about net income here:

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7 0

2 years ago

Data mining can support the marketing function by: a. Eliminating the need for a firm to have a billing department b. Billing th

ohaa [14]

Answer:

D. Using customer's past purchase history to send information about related products and services the customer may be interested in

Explanation:

Data mining is the process whereby large pre existing databases are examined with the aim of generating new information. It is the extraction of usable data from a larger set of data. Company usually use this process to turn raw data into useful information that can be applied to their daily activities.

In the case of marketing, data mining helps in extracting useful information from a customer's purchase history in order to identify useful information on goods or services the customer may be interested in or attracted to.

3 0

2 years ago

Your company is considering a new project that will require $10,000 of new equipment at the start of the project. The equipment

zmey [24]

Answer:

Estimate the present value of the tax benefits from depreciation:

D. $1,851

Explanation:

<em>Step 1: Determine annual depreciation</em>

A.D=(A.C-S.V)/N

where;

A.D=annual depreciation

A.C=acquisition cost

S.V=salvage value

N=useful life

In our case;

A.D=unknown, to be determined

A.C=$10,000

S.V=$3,000

N=5 years

replacing;

A.D={(10,000-3,000)/5}=7,000/5=$1,400

Annual depreciation=$1,400

<em>Step 2: Determine annual tax benefits</em>

Annual tax benefits=tax rate×annual depreciation

where;

tax rate=34%=34/100=0.34

annual depreciation=$1,400

replacing;

Annual tax benefits=0.34×1,400=$476

<em>Step 3: Determine present value of the annual tax benefits</em>

Year Future value Present value

1 476 476/{(1+0.09)^1}=436.70

2 476 476/{(1+0.09)^2}=400.64

3 476 476/{(1+0.09)^3}=367.56

4 476 476/{(1+0.09)^4}=337.21

5 476 476/{(1+0.09)^5}=309.37

Total present value of the tax benefits=436.70+400.64+367.56+337.21+309.37=$1,851.48

Estimate the present value of the tax benefits from depreciation=$1,851

3 0

3 years ago

Ben invested $20,000 into a money market account and took out $5,000 at the end of year 5. He found out at the end of 10 years t

Crazy boy [7]

Answer:

r = 11.5%

Explanation:

Given data:

invested amount $20,000

withrawl amount after 5 year is $5000

Amount at the end of 10th yr is $50,000

present value is given as

$PV =\frac{ A}{(1 + r)^n}$

where

A - amount after given n year

$PV = \frac{5000}{(1 + r)^5} + \frac{50000}{(1 + r)^{10}}$

$20,000 = \frac{5000}{(1 + r)^5} + \frac{50000}{(1 + r)^{10}}$

Let $(1 + r)^5 = t$

squaring on both side

$(1 + r)^{10} = t^2$

$20,000 = \frac{5000}{t} + \frac{50000}{t^2}$

$20 = \frac{5}{t} + \frac{50}{t^2}$

$20 t^2 - 5t - 50 = 0$

solving for t we get

t = 1.711

so, $r = 1.711^{1/5} -1 = 0.115 = 11.5\%$

5 0

2 years ago

Halloween costume makers and retailers make generous profits from selling costumes that allow their wearers to be indian princes

goldenfox [79]

Answer:

Cultural appropriation

Explanation:

Cultural appropriation is a tradition and a system where one culture is adopted by individuals from another culture. This can be questionable when individuals from a prevailing society try to adopt a culture that is not so prevailing and when its a minority culture. And evidently cultural appropriation is different from cultural exchange and there are different aspects that are debatable.

6 0

3 years ago