Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. brandywine clinic, a not-for-profit business, had

Brandywine Clinic, a not-for-profit business, had revenues of $12.9 million last year. Expenses other than...

90.2K

Verified Solution

Question

Accounting

Brandywine Clinic, a not-for-profit business, had revenues of $12.9 million last year. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was $1.4 million. All revenues were collected in cash during the year, and all expenses other than depreciation were paid in cash.

Now, suppose the company changed its depreciation calculation procedures (still within GAAP) such that its depreciation expense doubled. How would this change affect Brandywine's cash flow? If cash flow would go down, enter the amount of the change as a negative number. If cash flow would go up, enter the amount of the change as a positive number.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

(Calculating MIRR) OTR Trucking Company runs a fleet of? long-haul trucks and has recently expanded into...

Psychology
1.2K views

TRADITIONAL OPTION FINAL PAPER: CASE II For background material, read A Chronicle: Dax's Case As It...

Accounting
1.2K views

On June 15, 2016, Sanderson Construction entered into a long-term construction contract to build a baseball...

Biology
1.2K views

What causes amoeboid feeding cells of cellular slime molds to aggregate into a large multicellular...

Basic Math
1.2K views

The distribution of weights (rounded to the nearest whole number) of all boxes of a...

Calculus
1.2K views

Show that T u v u v 2uv maps the triangle u v 0 v...

Calculus
1.2K views

Find the dimensions of a rectangle with a perimeter of 184 feet that has the...

Algebra
1.2K views

5 Multiply the following binomials a b a b O a 6 O a 2ab...

Accounting
1.2K views

Dos das despus del cierre, el vendedor entrega un bono de $500 al agente de...

Accounting
1.2K views

Accounting
1.2K views

The consolidated financial statements of Nestl are as follows: ...

Accounting
1.2K views

On the statement of cash flows, which of the following items is classified as an...