User Account

All Pages

What is Staycate depreciation expense

Assignment Help Accounting Basics
Reference no: EM133104448

Question 1 - Josh and Amy are finance trainees at a company which has been reporting a positive cash flow for the last 5 years. Both Josh and Amy have learned in their finance courses at the university that "cash is king" and is more important than reported profits by a company. Guided by this knowledge, none of them feels a need to review the company's cash flow pattern over time. Are they necessarily correct in their understanding about a firm's long-term cash flow situation? Discuss briefly in no more than 100 words.

Question 2 - Staycate Travels Inc. reports a gross profit of $35,000, interest expense of $4,000, a tax rate of 30% and earnings after taxes of $8,610. What is Staycate's depreciation expense?

Reference no: EM133104448

Questions Cloud

Explain the concept of information system : Explain the concept of information system, its characteristics are its role, its benefits, and its challenges.
Calculate the As capital balance after the C withdrawal : C sells the interest to the partnership for P25,000; bonus method is used. Calculate the A's capital balance after the C withdrawal
Concept of creating a healthy indoor environment : Finishes Plan and Schedule Assignment - demonstrate the principles of sustainability while understanding the inherent qualities of materials, products
Population sample and sampling technique : The hypothesis is "Gangs with female members are less likely to be violent than gangs without female gang members."
What is Staycate depreciation expense : Staycate Travels Inc. reports a gross profit of $35,000, interest expense of $4,000, a tax rate of 30%. What is Staycate depreciation expense
Moto vehicle crash-related hospitalizations : Using only the information in the title above, answer the following questions:
Explain the business environment or elevator : Keep this professional, business setting. You are meeting someone in a business environment or elevator.
What is the balance of share premium immediately : All rights were exercised as of December 31, 2021. Net income for the year was P3,000,000. What is the balance of share premium immediately
Which marketing functions does it perform : Think about an agribusiness that you know something about. Which marketing functions does it perform?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd