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4vir4ik [10]
3 years ago
11

Currently Digby is charged $6,664,000 Depreciation on the Income Statment. Digby is planning for an increase in this depreciatio

n. What will this do on Digby 's financial statements? Just impact the Balance Sheet Statement Have no impact on the Net Cash from Operations as Depreciation appears in both the Cash Flow Statement and the Income Statement Increase Net Cash From Operations on the Cash Flow Statment Decrease Net Cash from Operations on the Cash Flow Statmen
Business
1 answer:
aalyn [17]3 years ago
8 0

Answer:

Increase Net Cash From Operations on the Cash Flow Statement

Explanation:

Depreciation: It is a decrease in the value of the fixed assets due to tear and wear, obsolescence, usage, etc. It is only charged on fixed assets like building, plant and machinery, furniture and fixtures, etc.  

Cash flow under operating activities: In this, the depreciation is added to the net income because it is a non-cash item and it records only cash transactions but in the income statement it is treated as an expense so the depreciation amount will be deducted.

It is added in the operating activity because to compute the accurate balance of the operating activity which ultimately increases the balance of the operating activity.

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A credit sale of $750 is made on June 13, terms 2/10, net/30. A return of $50 is granted on June 16. The amount received as paym
Igoryamba

Answer:

D. $686

Explanation:

Given that

Credit sale = 750

Return = 50

Terms 2/10

Amount received in full therefore,

= [(750 - 50) - (750 - 50 {2%})]

= 700 - (700 × 0.02)

= 700 - 14

= $686

5 0
4 years ago
Why might social business be especially useful for global companies?
Varvara68 [4.7K]
<span>Worldwide organizations are developing in their utilization of social engagement instruments. To reach and to communicate promoting messages and, in a vital business slant, meshing social apparatuses and collaborations more into their ordinary, worldwide activities. Social ventures can and will have any kind of effect to the guide of work, particularly in the most denied zones and for people outside their continent and countries to know all about their business.</span>
6 0
3 years ago
An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll d
frozen [14]

Answer:

Net pay $569.88

Explanation:

Let the gross earnings be:

$15 * 40 = $600

$15 * 1.5 * 6 = $135

$600+$135

=$735

Withheld Federal income tax = $110

Social security tax rate =0.06* $735

= $44.10

Medicare tax rate = 0.015* $735

= $11.02

Net pay $569.88

($735 - $110 - $44.10 - $11.02)

Amount to be paid to the each employee will be $569.88

8 0
3 years ago
The following shows seven tasks required for a project, task times, and the precedence relationships among tasks. Construct Gant
Ainat [17]

Full question attached:

Answer attached

Answer and Explanation:

ES= earliest start time

LS=latest start time

EF= earliest finish time

LF= latest finish time

in calculating earliest start time, we look at predecessor to the task, for example c has a predecessor of A and so ES would be after A=3.in calculating our earliest start time and latest finish time we have used the forward pass and backward pass method respectively. The forward pass method uses the latest of the predecessors earliest finish in calculating ES while the backward pass method uses the earliest of the successors latest start(LS)in calculating latest finish(LF)

EF=ES+time

LS=LF-time

slack=LF-EF

The Critical path is ADEG identified by zero slacks

project duration is equal to duration of critical path equal to 15

6 0
3 years ago
Formulate but do not solve the problem. The management of a private investment club has a fund of $250,000 earmarked for investm
garri49 [273]

Answer:

In this problem it is necessary to propose and solve the following system of equations:

0.15 X + 0.10 Y + 0.06 Z = 0.09 * 250,000       (1)

X + Y + Z = 250,000                                          (2)

Z = 2 ( X + Y )                                                      (3)

Being the variables

X = $ invested in high-risk stocks

Y = $ invested in medium-risk stocks

Z = $ invested in low-risk stocks

Explanation:

Equation (1) tells us that the sum of the amounts invested in each type of action multiplied by its expected return, is equal to the return that is desired for the entire investment (9% of $ 250,000).

Equation (2) says that the sum of the investments must be equal to the money available to invest.

Equation (3) requires that money invested in low-risk shares (Z) be equal to twice the amount invested in the other two categories.

5 0
3 years ago
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