The manager can exercise the power of <span>distributive justice.
The manager may give fair increase toward his/ her employees. There will be no basis for the salary increase since all employees will be given the same amount based on the budget set by the company.
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Answer:
Moonligh Bay Resorts will report a Non-current liability of $126 million
Explanation:
The question is to determine whether Moonlight Bay Resorts is to report an asset (current or non-current) or a liability (current or non-current) in its December 31st 2021 Balance Sheet
The step is to determine the classification of the items in the balance sheet
This is done as follows
Description Amount ($)
Total Deferred Tax liability (168 million + 120 million) 288 million
(Deferred tax liabilities related to
both current and non-current assets)
Total Deferred tax asset (102 million + 60 million) (162 million)
The net deferred tax liability 126 million
Since, under the International Financial Reporting Standards Deferred Tax Liability is a Non-current liability, it means <u>Moonligh Bay Resorts will report a Non-current liability of $126 million</u>
Answer:
Explanation:
$120= the amount to pay for the shoe
$20 paid for the month
Balance to pay = $100
Then 3% interest rate on credit card = 3% of $100=$3
Therefore amount to pay = $3+$100=$103
Store equipment will increase
Answer:
Using the straight-line method, the book value at December 31, 2018 would be: A.$53,760.
Explanation:
Year 1 Year 2 Year 3 Year 4 Year 5
Cost 67200 53.760 40.320 26.880 13.440
Dep-Acu 13.440 13.440 13.440 13.440 13.440
Book Value 53.760 40.320 26.880 13.440 0
