![subject](/tpl/images/cats/ekonomika.png)
On January 1, 2016, Piper Co., purchased a machine (its only depreciable asset) for $900,000. The machine has a five-year life, and no salvage value. Sum-of-the-years'-digits depreciation has been used for financial statement reporting and the elective straight-line method for income tax reporting. Effective January 1, 2019, for financial statement reporting, Piper decided to change to the straight-line method for depreciation of the machine. Assume that Piper can justify the change. Piper's income before depreciation, before income taxes, and before the cumulative effect of the accounting change (if any), for the year ended December 31, 2019, is $750,000. The income tax rate for 2019, as well as for the years 2016-2018, is 30%. What amount should Piper report as net income for the year ended December 31, 2019
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 22:50
What happens when a bank is required to hold more money in reserve?
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 15:10
On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
You know the right answer?
On January 1, 2016, Piper Co., purchased a machine (its only depreciable asset) for $900,000. The ma...
Questions
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 25.11.2019 10:31
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/biologiya.png)
Biology, 25.11.2019 10:31
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 25.11.2019 10:31
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 25.11.2019 10:31
![question](/tpl/images/cats/mat.png)
Mathematics, 25.11.2019 10:31
![question](/tpl/images/cats/biologiya.png)
Biology, 25.11.2019 10:31
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 25.11.2019 10:31
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 25.11.2019 10:31
![question](/tpl/images/cats/mat.png)
Mathematics, 25.11.2019 10:31
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 25.11.2019 10:31
![question](/tpl/images/cats/en.png)
English, 25.11.2019 10:31
![question](/tpl/images/cats/mat.png)
Mathematics, 25.11.2019 10:31
![question](/tpl/images/cats/biologiya.png)
Biology, 25.11.2019 10:31