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Debit this account when recording depreciation
Credit this account when...
Business, 06.08.2021 22:40 kcceff4085
Fill in the blanks
Debit this account when recording depreciation
Credit this account when accruing an expense
Debit this account when accruing revenue
Supplies consumed
Credit this account when recording depreciation
Expenses not yet consumed
Revenue not yet earned
To increase
Supplies not yet consumed
To postpone
a. Prepaid Expenses
b. Accrued Expenses
c. Unearned Revenue
d. Accrued Revenue
e. Depreciation Expense
f. Supplies Asset
g. Supplies Expense
h. Accrued Receivables
i. Accrued Liabilities
j. Accumulate Depreciation
Answers: 3
Business, 21.06.2019 21:50
You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?
Answers: 2
Business, 22.06.2019 22:50
For 2016, gourmet kitchen products reported $22 million of sales and $19 million of operating costs (including depreciation). the company has $15 million of total invested capital. its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 36%. what was the firm’s economic value added (eva), that is, how much value did management add to stockholders’ wealth during 2016?
Answers: 1
Business, 22.06.2019 23:50
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.
Answers: 2
Business, 23.06.2019 02:10
Which of the following best describes what production accomplishes? a. efficient use of natural resources. b. a reduction in the size of the labor force. c. an increase in supply that lowers prices. d. value added to resources that already exist.
Answers: 1
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