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DaniilM [7]
3 years ago
8

depreciation expense and amortization expense represent ______ items requiring adjustments to net income under the indirect meth

od.
Business
1 answer:
vodka [1.7K]3 years ago
5 0

Based on the information depreciation expense and amortization expense represent non-cash items.

Non-cash items has to do with expense that does not involve paying cash.

Depreciation expense and amortization expense are non cash item as no cash payment is involve.

Although this expense may be included in a company profit or loss account or net income but they do not have effect on a company cash flow.

Non cash item like depreciation expenses and amortization expense often have effect on a company overall net income.

Inconclusion  depreciation expense and amortization expense represent non-cash items.

Learn more about non-cash item here:

<em>brainly.com/question/23158497</em>

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this section should include how using the spreadsheet data assisted you in 1) identifying supplier’s record for on-time deliveri
Oduvanchick [21]

The spreadsheet data assisted by way of: helping with information Exports. Spreadsheets may be used to comprise records that has been exported from other structures.

A spreadsheet is a pc application for computation, company, evaluation and storage of information in tabular shape. Spreadsheets had been developed as automatic analogs of paper accounting worksheets. the program operates on facts entered in cells of a desk.

Spreadsheet, pc program that represents statistics in a two-dimensional grid of facts, at the side of formulation that relate the statistics. historically, a spreadsheet is an accounting ledger page that suggests numerous quantitative facts useful for coping with a business.Excel information types are the four exceptional styles of values in Microsoft Excel. The four styles of statistics are text, quantity, logical and blunders. you can perform extraordinary features with each type, so it is important to know which ones to apply and when to use them.

Learn more about spreadsheet here: brainly.com/question/4965119

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5 0
1 year ago
In January of the current year, Stan Signowski's U.S. employer assigned him to their Paris office. This year, he earned salary,
elixir [45]

Answer:

Stan appears to satisfy the basic Sec. 911 exclusion requirements for his year of arrival since he will be physically present in France for at least 330 days during his year of arrival. The actual number days for which the exclusion can be claimed depends on the length of time he spent in the United States. The salary, cost-of-living allowance, housing allowance, home leave allowance, and education allowance all are excludable up to the Sec. 911 limitation (calculated on a daily basis). In addition, Stan can claim an exclusion for the housing cost amount minus the base amount (calculated on a daily basis). Both exclusions are denied for the portion of Stan's salary and allowances attributable to his time in the United States. The portion of his employment-related expenses and foreign taxes attributable to the excluded income are unable to be deducted or credited. The foreign-earned income exclusion and housing cost amount exclusion are both elected by claiming such amounts on Form 2555.

Not knowing the amount of the foreign income taxes, and other components of Stan's tax return, it is impossible to know whether Stan should elect out of the Sec. 911 exclusion. Stan may have spent sufficient number of days in the United States on his trip home to need to qualify for the foreign-earned income exclusion under the bona fide foreign resident rules. In such case, he will not qualify for the exclusion until the end of this second calendar year in France. The exclusion would then be available retroactively back to the date on which he established foreign residency status.

Explanation:

5 0
3 years ago
For each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed, but do not use rounded
jeyben [28]

Answer:

(A)  $   2,602.34

(B)  $    4,156.97  

(C)  $   8,233.47

(D)  $ 46,796.64

Explanation:

We need to solve for the PMT of an ordinary annuity:

FV \div \frac{(1+r)^{time} -1}{rate} = C\\

(A)

FV 24,850

time   8

rate           0.05

24850 \div \frac{(1+0.05)^{8}-1 }{0.05} = C\\

C  $ 2,602.337

(B)

FV 1,030,000

time:    43

rate        0.07

1030000 \div \frac{(1+0.07)^{43} -1}{0.07} = C\\

C  $ 4,156.972

(C)

FV 856,000

time   29

rate             0.08

856000 \div \frac{(1+0.08)^{29} -1}{0.08} = C\\

C  $ 8,233.466

(D)

FV 856,000

time    14

rate        0.04

856000 \div \frac{(1+0.04)^{14} -1}{0.04} = C\\

C  $ 46,796.641

5 0
3 years ago
A certain movie star's salary for each film she makes consists of a fixed amount, along with a percentage of the gross revenue t
umka2103 [35]

Salary relationships usually have behaviors that can be expressed through mathematical equations, for this case we must locate the information they give us, according to which the salary of the movie star S is equal to a fixed basic remuneration b plus a percentage x of the gross income g, that is:

S = b + gx

With this equation and the data they give us, we can solve the request so :

\boldsymbol{1)} \; 32 = b + 100x\\\boldsymbol{2)} \; 24 = b + 60x

We clear the basic remuneration  b from the second equation and replace in the first:

\boldsymbol{2)} \; 24 = b + 60x\\24-60x = b\\\boldsymbol{1)} \; 32 = b + 100x\\32 = (24-60x) + 100x\\32-24=100x-60x\\8=40x\\\frac{8}{40} =x\\\boldsymbol{x=0,2}\\b=24-60x\\b=24-60(0,2)\\b=24-12\\\boldsymbol{b=12}

Thus, with the fixed basic remuneration and the percentage of gross income calculated, we can estimate how much the following film should obtain so that the movie star obtains at least  40 millions salary:

40 = g (0.2) +12\\40-12 = g (0.2)\\\frac{28}{0.2y} = g\\\boldsymbol{g = 140}

Answer

The <em>minimum amount</em> of gross income that the next film should generate is \$ 140 <em>millions</em>

3 0
3 years ago
Read 2 more answers
You just won the lottery. Congratulations! The jackpot is $85,000,000, paid in 10 equal annual payments. The first payment on th
Ray Of Light [21]

Answer:

$65,076,885.59

Explanation:

We use the Present value formula that is shown in the spreadsheet attachment

Given that,  

Future value = $0

Rate of interest = 6.5%

NPER = 10 years

PMT = $85,000,000 ÷ 10 annual payments = $8,500,000

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the  present value is $65,076,885.59

7 0
3 years ago
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