Which of the following is a non-cash expense? A. Cost of Goods Sold. B. Salaries. C. Office Supplies. D. Depreciation. E. Interest expense.

Answers

Answer 1
Answer:

Answer:

the answer is D Depreciation.

Explanation:

Depreciation is a non-cash expense. It represents the decrease in value of a long-term asset over time due to wear and tear, obsolescence, or other factors. While depreciation affects the value of an asset, it does not involve any cash outflow or payment.

To understand this concept, let's take an example. Suppose a company purchases a delivery truck for $50,000. Over time, the truck's value will decrease due to factors such as usage, age, and technological advancements. The company recognizes this decrease in value as an expense called depreciation. However, no actual cash is paid for depreciation; it is simply an accounting entry to reflect the decrease in the truck's value over time.

On the other hand, the other options listed are not non-cash expenses:

A. Cost of Goods Sold (COGS) represents the direct costs involved in producing goods or services and includes expenses like raw materials and direct labor. COGS typically involves cash outflows.

B. Salaries represent the compensation paid to employees for their work. Salaries are generally paid in cash.

C. Office Supplies refer to items used in day-to-day office operations, such as paper, pens, and ink. These supplies are usually purchased with cash.

E. Interest expense represents the cost of borrowing money. Interest expense involves cash outflows as interest payments are made to lenders.

In conclusion, depreciation is the non-cash expense among the options listed. It reflects the decrease in value of long-term assets over time but does not involve any cash outflow or payment.

Answer 2
Answer:

Final answer:

Option D

Depreciation is a non-cash expense that represents the reduction in value of an asset over time due to wear and tear or obsolescence.

Explanation:

The correct answer is D. Depreciation.

Depreciation is a non-cash expense because it represents the reduction in value of an asset over time due to normal wear and tear, obsolescence, or other factors.

It is recorded as an expense on the income statement, but does not involve any actual cash outflow.

For example, if a company purchases a machine for $10,000 and expects it to have a useful life of 5 years, the company would record a depreciation expense of $2,000 per year ($10,000/5) on the income statement, even if they did not actually spend any cash each year.

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sam's employer matches a portion of his contributions to a 401k. this is essential for sam to consider when planning how to allocate his cash flow because

Answers

Sam's employer matching a portion of his contributions to a 401k is essential for him to consider when planning how to allocate his cash flow because it provides a valuable opportunity to maximize his retirement savings.

Employer matching contributions are essentially free money added to Sam's account, increasing the overall value of his retirement fund.

By taking advantage of the employer match, Sam can potentially double his 401k contributions, depending on the match percentage offered by his employer. This significantly accelerates his retirement savings growth and helps him reach his financial goals faster.

Moreover, contributions to a 401k are usually tax-deferred, meaning Sam's taxable income is reduced by the amount he contributes. This results in immediate tax savings, allowing him to allocate more of his cash flow towards his retirement goals.

In addition, the 401k plan provides a long-term investment horizon, allowing Sam's funds to grow through compound interest over time. As his account balance increases, so does the earning potential, which can lead to substantial growth in the long run.

In summary, Sam should prioritize maximizing his employer's 401k matching contributions when allocating his cash flow. Doing so will allow him to take advantage of free money from his employer, reduce his taxable income, and accelerate the growth of his retirement savings, ultimately helping him achieve a more secure financial future.

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Accumulated depreciation of a particular plant asset refers to:half-yearly depreciation
total depreciation.
or neither?

Answers

The answer is : Total depreciation

For example, if you buy the Asset in January 2010 for 100,000 dollars with expected 10 years of usage.

Its annual depreciation would be : 100,000/10 = 10,000 dollars per years

In January 2015, the accumulated depreciation of that asset would be 10,000 dollars x 5 = 50,000 dollars

Question 9 of 10Which of the following is a general example of a business?
A. Jordan uses a computer to research the Civil War for his history
project.
B. Frank prepares dinner for his family on weeknights.
C. Wanda tries to make a profit by selling homemade jam at the
farmer's market.
D. Laurel volunteers to babysit her niece on Saturday.
SUBMIT

Answers

The best example of a business is that Wanda tries to make a profit by selling homemade jam at the farmer's market.

What do you mean by Business?

An entity is defined as an organization or entity that performs commercial, industrial, or professional activities. Businesses can be for-profit organizations or non-profit organizations.

Business types range from limited liability companies to sole ownership, companies, and partnerships.

Thus, Option C is the correct answer that Wanda tries to make a profit by selling homemade jam at the farmer's market.

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Final answer:

C. Wanda tries to make a profit by selling homemade jam at the farmer's market is a general example of a business.

Explanation:

The correct answer is C. Wanda tries to make a profit by selling homemade jam at the farmer's market.

This is a general example of a business because Wanda is engaged in a commercial activity with the intention of earning a profit.

By selling her homemade jam at the farmer's market, Wanda is participating in a market transaction and taking on the risks and responsibilities associated with running a business.

Other examples provided in the options, such as using a computer for research, preparing dinner for the family, and volunteering to babysit, do not involve commercial activities for profit and are therefore not examples of a business.

Which of the following is true regarding this economic model? a. The fact that there are only two goods produced in this theoretical economy, when, in reality, economies produce many more types of goods, means this model is generally useless.
b. In order to construct such a model, an economist would need real life data regarding countries that only produce two goods.
c. This PPF is not an economic model.
d. The fact that there are only two goods produced in this theoretical economy is a simplifying assumption that still allows economists to demonstrate key economic concepts.

Answers

The statement that is true of the model is d. The fact that there are only two goods produced in this theoreticaleconomy is a simplifying assumption that still allows economists to demonstrate key economic concepts.

What are economic models ?

Economic models are simplified representations of the real world that are used to understand economic behavior. They often make simplifying assumptions in order to make the model more manageable.

In the case of the production possibility frontier (PPF), the assumption that there are only two goods produced is a simplifying assumption that allows economists to demonstrate key economic concepts such as opportunity cost and economic growth.

Option D is correct.

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C !!!!!!! I just took the test

When you gave your friend a fifty-dollar bill for an iPod, you used money as:A. a standard
B. store of value
C. medium of exchange
D. measure of value

Answers

Answer: Medium of exchange.

Explanation:

The $50 is given in exchange for an iPod, therefore in the question's illustration money serves as a medium of exchange. Money as a medium of exchange means that money is needed when conducting business transactions that involves buying and selling.

The main economic influence that determines prices is: the stock market. interest rates. government spending. supply and demand.

Answers

The correct answer is : Supply and demand

a Product's price will most likely to increase if more consumers demanded that product.And a product's price will most likely to drop if no one want it.

A product's price will increase if only a few people could supply it (which mean that it's hard to obtain) , and a product's price will decrease if it could be obtain easily ( a lot of people could supply it)