Answer:
Equipment 716,072.53 debit
Lease payable 716,072.53 credit
interest expense 64,446.53 debit
lease payable 64,446.53 credit
Explanation:
We record the lease payment present value:
C 100,000.00
time 12
rate 0.09
PV $716,072.5277
Now we solve for the interest accrued during the year
716,072.53 x 0.09 = 64.446,53
Answer:
<em>Inspirational Appeal</em>
Explanation:
Inspirational Appeal happens when <em>the traditional transition leader uses motivation mostly in downward fashion to affect maximum performance in a group.</em>
The leader ultimately ties the intended action or result to a set of principles and beliefs which the group honors.This panders to emotions, which are a primary motivating driver.
An instance is when a new leader shares their ambition for future success and not only receives assistance by doing so, but also sparks passion for significant change.
Motivation and inspiration often involves behavior modelling and example setting for someone else to pursue.
Answer:
The answer is C. longer inventory sits on the firm's shelves
Explanation:
The Inventory turnover is the number of times inventory is sold or used during a given period of time.
The formula is:
cost of goods sold/average inventory.
A lower inventory turnover means weak sales(declining sales) and excess inventory remaining in the warehouse while a higher inventory turnover means it is taking a firm short time to sell its goods(inventory)
Darby's correct response is $0.045 per share.
Because we can calculate earnings per share by taking net income after taxes and then dividing it by the total number of common shares that are issued.
Income after taxes = <span>$2,000,000
shares = $44,000,000
Earnings per share = $2,000,000 / $44,000,000
=$2/$44
=$0.045</span>
Answer:
e. A, 6,000; B, 6,000.
Explanation:
At the beginning of the process Materials A are added. Therefore it won't matter if the process is 80% or less/more is complete, the materials A have already been added and would be equivalent to the ending work-in-process inventory i.e. 6,000 units.
Materials B are added when the units are 75% complete. Since the ending work-in-process are 80% complete, then this means that the Materials B equivalent to 6,000 units have already been added to the ending inventory.
Hence, both materials A and B have been added to the ending work-in-process inventory for 6,000 units. Therefore, option E is correct.
