Firm purchases materials for $200 for cash–entries to reflectthis:Most businesses, for tax purposes, prefer to depreciate assetsusing ___ becausea.accelerated depreciation; get the cash flow benefit soonerb.Straight line depreciation; better reflects the declining valueof assetsc.Straight-line depreciation; better tax benefit this wayd.Accelerated depreciation; slower write off of allowabledeductions3. A company reports the following:Long-term debt4,000Retained earnings1,000APIC150Current portion of long term debt300Accounts payable1,200Short-term notes payable400Common stock500Accruals600Treasury stock250What is stockholder’s equity?4.Long-term debt4,000Retained earnings1,000APIC150Current portion of long term debt300Accounts payable1,200Short-term notes payable400Common stock500Accruals600Treasury stock250What are total current liabilities?5.Tax rate = 35%201220132014Taxable income2,0002,500-1,500Taxes paid-700-8750How much of a tax refund will be received in 2012 and 2013?6. Net income is 1,024. Interest expense totals 171, whileEBITDA is 2,318. If taxes are 563, what is depreciation andamortization (DA) ?7.Beginning equity for a company is 188, and ending equity is200. The company sold stock in the amount of 128, and net income is83. Given this information, how much did the company pay individends this year?8.A business purchases depreciable equipment for 191, and sellsit a few years later for 166. At the time of the sale, accumulateddepreciation totals 106. If the company’s tax rate is 39, what isthe total after tax cash flow that will result from selling thisasset?
Firm purchases materials for $200 for cash–entries to reflectthis:Most businesses, for tax purpos
A professional Academic Service Provider
Writing Darlings are Punctual, Professional, Excellent Quality, and Confidential
Writing Darlings has experienced experts acclimatized to different subjects and always aiming to give clients the best experience. Our services are diversified to meet each client’s needs. For instance, our research team is readily available to guide students undertaking dissertations, research work, and Thesis proposals. We also have experts in nursing and other medical courses, who engage students throughout their learning journey. Report writing is also well covered within our platform with adequate staff to handle various projects in a timely manner. The company also has current instruments to ensure quality work free of grammar errors. All projects are handled from scratch; hence, are non-plagiarized.
Core Values
1. Punctuality: We ensure projects are completed within the specified period. Timely execution enables clients to go through their projects before submitting to their various institutions.
2. Confidentiality: Our interactions with the clients remain private and confidential
3. Professionalism Our highly-trained staff handle clients with utmost professionalism. Our engagements with clients remain professional and we continuously train our staff to ensure the consistency.
Assurances
4. Quality is a Guarantee: The projects are highly scrutinized by the QA team to ensure clients receive the best quality, which meets the expected standards. Also, the projects are accurately matched with the respective experts to maintain excellent quality.
5. Money Back Policy: As a client-oriented service, we offer 100% refund for the following: if we received a double payment from you; if you placed similar orders twice (or more) and paid for all of them; the writer has not been assigned; you asked to cancel the order within 20 minutes after placing it; an e-Check payment has been sent (the Dispute Manager will contact you accordingly). Other cases involve a comprehensive investigation by the Dispute Department and feedback given within 24 hours. We value our customers; therefore, the process will be fair, fast, and precise.
5 .Free Revisions: You can request for revisions at no additional cost. Nonetheless, this does not include complete change of the initial order instructions and if it is not past ten days upon your approval.
6. 24/7 Customer Support: Our support staff are always online to provide any assistance when needed
Ordering Process
NOTE: If you have any question, always contact our support team before the commencement of your project. ALL THE BEST”:
Recent Comments