Answer:
$30.1
Explanation:
Adjusted basis refers to the net value of an asset after considering depreciation and capital investments. It is the net value of an asset.
Adjusted taxable income is the income after adjusting for depreciation and interest.
For a sole proprietorship, the income of the business is the same as owners' income.
For Renee, adjusted taxable income will be,
Total revenue= $85M
Net expenses equal to total revenue minus depreciation minus interest paid
=$78.1, - $10.1 - $12.7
=$54.9
Adjusted taxable income= Total revenue - net expenses
= $85 - $54.9
=$30.1
Answer:
A. $37,400 unfavorable
Explanation:
With regards to the above, variable overhead spending variance is computed as
= (Actual hours × Actual rate) - (Actual hours × standard rate)
= $649,400 - ( 34,000 × $18)
= $649,400 - $612,000
= $37,400 unfavorable
Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable
Answer:
$55,826
Explanation:
The computation of year 4 cash flow is shown below:
= Operating cash flow + required net working capital + after cash flow arise from salvage value
where,
Operating cash flow is $47,000
Required net working capital is $3,800
After cash flow arise from salvage value is
= Sale value - gain on salvage value × tax rate
The gain on salvage value is
= $5,400 - $3,800
= $1,100
So the after cash flow arise is
= $5,400 - $1,100 × 34%
= $5,400 - $374
= $5,026
Now the year 4 cash flow is
= $47,000 + $3,800 + $5,026
= $55,826
Answer: Intuition
Explanation:
Intuition is the ability to make decisions or carry out a judgement without conscious reasoning but rather by feelings or past experience. Sam makes use of Intuition most times when there is no time for rational analysis. He makes decision out the mindset that he believes it would work rather than a conscious effort to decide.
This would be the maturity and decline stages of the technology cycle.
