Since depreciation is a non-cash charge, it neither appears on nor has any effect on the cash budget. Thus, if the depreciation charge for the coming year doubled or halved, this would have no effect on the cash budget.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Dollar-value LIFO uses
A) current cost only B) cost indexes only C) current cost and cost indexes D) numerous detailed records from either a physical count or perpetual records
The App Store views and organizes its marketing activities from the viewpoint of its buyers, who are predominantly comprised of the Millennial generation. Management works hard to sense, serve, and satisfy the needs of this tech savvy demographic
Which of the following does The App Store most likely practice? A) consumer-oriented marketing B) societal marketing C) sense-of-mission marketing D) affiliate marketing E) innovative marketing
Have you ever been to Georgetown to visit your brother?
A) you; been B) you; have C) you; have been D) you; have ever been
A company's manager estimates that in the upcoming year, decreasing advertising costs by $50,000 will cause sales revenue to decrease by $120,000. If the company's contribution margin ratio is 35%, what will be overall effect on net operating income?
A) Net operating income will increase by $8,000. B) Net operating income will decrease by $8,000. C) Net operating income will increase by $24,500. D) Net operating income will decrease by $24,500.