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What else can I help you with?
If expense is overstated will net income be lower?
Net Income = Sales - ExpensesSo as many expanses net income will be lower.
Do financial statements show the market value of an asset?
In general, financial statements show the book value of an asset, not the market value. The few instances where the financial statements will show market valuations are as follows: * When derivatives are carried for hedge purposes, they are periodically marked-to-market * When an investment appears to materially have lost value (when comparing to similar instruments in the market or, for illiquid markets, when operating cash flows from an investment go down markedly), conservatism requires the asset value to be moved to the "market" or lower price
What is the advantage of accelerated depreciation?
Accelerated depreciation allows a company to take a higher upfront depreciation expense. Higher depreciation means a lower profit, and lower taxes to pay.
Local tax rate In lower paxton township?
2%
How can I lower my personal tax rate?
Make less taxable income. Have more deductions. Move to a lower tax State. Death has been known to help, but only if you have under $1.2 million.
What is Principal of valuation of closing stock?
from ssap 9 lower of cost or net realisable value
The two most widely used methods for determining the cost of inventory are?
Cost or Net Realisable Value, which ever is lower. Net realisable value can also include the cost of repairing damaged inventory to get it to a sellable condition.
What is meant by the term inventory?
inventory (also called stocks) comprises of work in progress ,stores & spares; raw materials;packing materials etc.they are valued at net realisable value or valued at cost whichever is lower.
What method of valuation should be used if the pricing issues from inventory must be deferred until the end of the accounting cycle?
FiFO In case the pricing issues from inventory must be deferred until the end of the accounting cycle, prudent norms require that the inventory be valued on FIFO basis would generally be the case, save where any particular situation demands special attention, as in the case where the current market value is lower than the actual landed cost of the materials, in which case the lower market realisable cost comes into play. However, where the material is being held as a part of an actual executable contract which is valid as on the date of determining the value, even if it is higher than the actual realisable value, would be the correct cost as long as it is deemed to be the net realisable value of the said materials. This is my personal opinion and from my reading of the materials available on this matter, seems to be what the statute requires too.
What does discogenic mean?
Relating to a disorder originating in or from an inter-vertebral disk. In many instances it is referred to as lower back pain. Viper1
What examples can steroids do to your body?
you shrink in your lower area :P
What are some example of lower animals?
There are a ton of examples of lower animals. Some of these lower animals include field mice and sewer rats.
Explain why the monopolist produces a lower output and charges a higher price?
monopolist's tend to charge? a.Lowe; lower b.higher; lower c.lower; higher d.higher; higher e.higher; the same
Can be photosynthesis carried out using light from a torch light explain?
Yes, but as the light intensity is much lower the rate at which it happens is also much lower.
Does eatiing celery lower chlosterol?
Yes, in some instances eating celery may help to reduce cholesterol. Celery is loaded with vitamins such as B, E, and K.
What is an example of Congress using legislation to explain the meaning of a part of the Constitution?
Congress established the lower federal courts
Explain the effect of changing the angle of projection on the magnitude of maximum height?
"the higher the altitude the lower the range "
