If a company incurs $10 (pretax) of depreciation expense, how does that affect the three financial statements?assume a tax rate of 40%

vgeorgee

Depreciation Tax

Mar 13 2013 12:03 PM

1 Answer(s)

Binny

Balance Sheet - $10 will be subtracted from the assets
Income Statement - $10 will be added to operating expenditure
Cash Flow Statement - Not affected

Mar 16 2013 10:40 AM

Relevant Projects

Mercari Price Suggestion Challenge Data Science Project

Data Science Project in Python- Build a machine learning algorithm that automatically suggests the right product prices.

Movielens dataset analysis using Hive for Movie Recommendations

In this hadoop hive project, you will work on Hive and HQL to analyze movie ratings using MovieLens dataset for better movie recommendation.

Data Science Project-All State Insurance Claims Severity Prediction

Data science project in R to develop automated methods for predicting the cost and severity of insurance claims.

Tough engineering choices with large datasets in Hive Part - 2

This is in continuation of the previous Hive project "Tough engineering choices with large datasets in Hive Part - 1", where we will work on processing big data sets using Hive.

Create a data pipeline based on messaging using Spark and Hive

In this spark project, we will simulate a simple real-world batch data pipeline based on messaging using Spark and Hive.

PySpark Tutorial - Learn to use Apache Spark with Python

PySpark Project-Get a handle on using Python with Spark through this hands-on data processing spark python tutorial.

Yelp Data Processing Using Spark And Hive Part 1

In this big data project, we will continue from a previous hive project "Data engineering on Yelp Datasets using Hadoop tools" and do the entire data processing using spark.

Data processing with Spark SQL

In this Apache Spark SQL project, we will go through provisioning data for retrieval using Spark SQL.

Machine Learning or Predictive Models in IoT - Energy Prediction Use Case

In this machine learning and IoT project, we are going to test out the experimental data using various predictive models and train the models and break the energy usage.

Real-Time Log Processing using Spark Streaming Architecture

In this Spark project, we are going to bring processing to the speed layer of the lambda architecture which opens up capabilities to monitor application real time performance, measure real time comfort with applications and real time alert in case of security

Learn how you can build Big Data Projects