A business executive once stated, Depreciation is one of our biggest sources of cash. Do you agree
Question:
A business executive once stated, “Depreciation is one of our biggest sources of cash.” Do you agree that depreciation is a source of cash? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 36% (11 reviews)
Depreciation is not really a source of cash even though it is listed as a source on t...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Question Posted:
Students also viewed these Managerial Accounting questions
-
A business executive once stated, Depreciation is one of our biggest operating cash inflows. Do you agree? Explain.
-
do you agree that organizations are working to cocreate value with their customers or do you feel organizations are still focused on delivering value Do you agree that providing superior customer...
-
Do you agree that corporate managers would manipulate their stocks value prior to a buyback or do you believe that corporations are more likely to initiate a buyback to enhance shareholder value?...
-
An SAT prep course claims to increase student scores by more than 60 points, on average. To test this claim, 9 students who have previously taken the SAT are randomly chosen to take the prep course....
-
Fidelity Corporation offers to hire Ron to replace Monica, who has given Fidelity a month's notice to quit. Fidelity gives Ron a week to decide whether to accept. Two days later, Monica signs an...
-
At a price of $1.88 per pound, the supply for cherries in a large city is 16,000 pounds, and the demand is 10,600 pounds. When the price drops to $1.46 per pound, the supply decreases to 10,000...
-
Arm Circumference From Data Set 1 in Appendix B we see that a female had an arm circumference of 27.5 cm. Determine whether the given values are from a discrete or continuous data set. Data Set 1:...
-
Sauer Milk Inc. wants to determine the minimum cost of capital point for the firm. Assume it is considering the following financial plans: a. Which of the four plans has the lowest weighted average...
-
Problem 2 (40 points) [Required]: Determine the loads on the main wind-force resisting system (MWFRS) for the two-story office building shown below. In addition to reporting values for the windward...
-
You plan to save $7,500 at the end of each year for three years. Your bank account pays 5% of interest per year. At the end of the fourth year, you will deposit $10,000 in this account. How much...
-
How do the direct and the indirect methods differ in their approach to computing the net cash provided by operating activities?
-
If the Accounts Receivable balance increases during a period, how will this increase be recognized using the indirect method of computing the net cash provided by operation activities?
-
A local pizza shop has hired a consultant to help it compete with national chains in the area. Because these national chains handle most business, the local shop operates as a price taker. Using...
-
In a hydraulic press, the largest piston has a diameter of 5 0 cm and can lift up to 1 . 4 Tons when a force of 2 0 0 N is applied to the smaller piston. What is the radius of the minor piston?
-
How is the social self and role concept similar? How are they different?
-
A large bulldozer can move 1 , 1 3 0 tons / h of gravel from one point to another on a work site. What is this rate in lb / s ? Note that 1 ton = 2 , 0 0 0 lb
-
A laboratory instrument requires a 3 A current to operate. The primary coil of a transformer draws a 5 A current from the AC source, while the secondary coil with 3500 turns powers the instrument....
-
111. An object is dropped from a roof of a building of height h. During the last second of its descent, it drops a distance h/3. Calculate the height of the building.
-
Dog Up! Franks is looking at a new sausage system with an installed cost of 390,000. This cost will be depreciated straight-line to zero over the projects 5-year life, at the end of which the sausage...
-
Bobbie Singh provides writing services for small businesses. He blogs for companies that need professionally written content. His business records at November 15, 2023, are shown below: During the...
-
Explain geometric isomerism in alkenes. How do the properties of geometric isomers differ from one another?
-
From the following list of activity bases for an automobile dealership, select the base that would be most appropriate for each of these costs: (1) Preparation costs (cleaning, oil, and gasoline...
-
a. Name two principal types of cost accounting systems. b. Which system provides for a separate record of each particular quantity of product that passes through the factory? c. Which system...
-
a. Name two principal types of cost accounting systems. b. Which system provides for a separate record of each particular quantity of product that passes through the factory? c. Which system...
-
What would you say to this person about their statement below and what question would you ask? Union organizations began in this country in the 18th century and looked very different from todays...
-
Make TWO recommendations for improving contractor selection or management in your chosen organisation, AND justify EACH of the recommendations
-
Given the information below. Answer the question. IGNORE THE e on-hand inventory. a More Info Level The product structure. 0 (2) 1 S U(1) 2 V (2) W (1) X (2) Y (2) Z (3) The time-phased product...
Study smarter with the SolutionInn App