How should depreciation and taxes be accounted for in the calculations?
Question:
How should depreciation and taxes be accounted for in the calculations?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
Depreciation is a tax write off available to the owner It results in a tax saving ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
(a) Should estimated uncollectible amounts of taxes be accounted for as direct deductions from revenues or as expenditures? Why? (b) Should discounts on taxes be accounted for as direct deductions...
-
Select the best response for each of the following multiple-choice questions. 1. In 2019, a state government collected income taxes of $8,000,000 for the benefit of one of its cities that imposes an...
-
1. The following revenues were among those reported by Arvida Township in 2016: Net rental revenue (after depreciation) from a parking garage owned by Arvida .......................................
-
In Exercises use the differential equation and the specified initial condition to find y. dy dx || 1 4 - x y(0) = -
-
What condition on a data set is required to apply the empirical rule?
-
Do all radioactive substances decay at the same rate? Explain.
-
What will be the appropriate value of AHS' profit margin in 2007? a. 9.34% b. 10.12% c. 11.21% d. 12.53% AHS INC. 2007 Income Statement (S in millions) Net sales S 9625 Cost of goods sold 5225...
-
Sauer Co. closes its books monthly. On June 30, selected ledger account balances are: Notes Receivable ........$47,000 Interest Receivable ........ 285 Notes Receivable include the following. During...
-
6. Question 6 Which of the following transactions would result in an increase in Owners' Equity (assuming no other transactions)? 1 point A company sold finished goods of a $40,000 cost for $45,000,...
-
A survey conducted by the Northwestern University Lindquist-Endicott Report asked 320 companies about the procedures they use in hiring. Only 54% of the responding companies review the applicants...
-
If the equipment were to be leased, would the lease payments be tax deductible? Explain.
-
Calculate the net advantage to leasing (NAL) the restaurant equipment. It is assumed that the old equipment has no resale value whereas the new equipment would have a salvage value of $30,000 after 5...
-
Why are CEOs the most frequent perpetrators of financial statement fraud?
-
Devise an audit programme for a comprehensive environmental performance review of a small hotel.
-
Kiley Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Production and cost...
-
The Welding Department of Hirohama Manufacturing Company has the following production and manufacturing cost data for February 2010. All materials are added at the beginning of the process. Hirohama...
-
Using the data in Question 7, what is The Eureka Company's return on sales ratio? a. 40 percent c. 15 percent b. 60 percent d. None of the above
-
Listed below are items reported on the financial statements of the Irvine Company as of June 30, 2019: Required Prepare a classified balance sheet as of June 30, 2019, and statement of cash flows for...
-
How do Cramers accrued liabilities affect the companys statement of cash flows for 2018? a. They increase cash used by financing activities. b. They increase cash provided by operating activities. c....
-
The swap spread is the difference between the swap rate and the equivalent-maturity Treasury bond yield. Explain why a widening swap spread may be a signal of deteriorating economic conditions. Plot...
-
Dillman Corporation has nexus in States A and B. Dillmans activities for the year are summarized below. Determine the apportionment factors for A and B assuming that A uses a three-factor...
-
Roger Corporation operates in two states, as indicated below. This year's operations generated $400,000 of apportionable income. Compute Roger's State A taxable income assuming that State A...
-
State E applies a throwback rule to sales, while State F does not. State G has not adopted an income tax to date. Clay Corporation, headquartered in E, reported the following sales for the year. All...
-
J Saved Hillyard Company, an office supplies specialty store, prepares its master budget on a quarterly basis. The following data have been assembled to assist in preparing the master budget for the...
-
Pine Corporation has sales revenue of $530,000 resulting in net operating income of $73,140. Average invested assets total $688,000. Residual income is $27,000. Calculate the new residual income if...
-
Your Corporation started a consulting business on January 1, 2019 by issuing $7,000 of common stock. What was net cash flow from operating activities? Provided services on account, $25,000. Incurred...
Study smarter with the SolutionInn App