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JulsSmile [24]
3 years ago
6

Lasch Co. recorded a right-of-use asset of... I. Lasch Co. recorded a right-of-use asset of $200,000 in a 10-year operating leas

e. Payments of $32,550 are made annually at the end of each year. The interest rate charged by the lessor was 10%. The balance in the right-of-use asset after the first year will be:A) $180,000.B) $187,450C) $188,450.D) $200,000.
Business
1 answer:
svet-max [94.6K]3 years ago
4 0

Answer:

187, 450.00

Explanation:

Cost of the asset : $ 200,000.00

Interest rate at 10 %

Payment per year = 32,550.00

First year total amount due = 10% plus asset cost

= ($200,000x 10/100)= 200,000

=$20,000+200 000

=$220,000.00

After deduction = $220,000- 32, 550

   =$ 187, 450.00

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Answer:

a

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2 years ago
All financial intermediaries are authorized depository institutions by APRA to carry out financial intermediation
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Answer:

The correct answer is the option: True.

Explanation:

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Secondly, <em>authorized deposit-taking institutions</em> are those financial institutions that are permitted to accept deposits from the public in Australia and <u>all financial intermediaries that are registered are authorized to carry out financial intermediation</u>.

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3 years ago
In business ethics, which of the following is not an adequate moral claim of economic<br> theory?
Pani-rosa [81]
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3 0
2 years ago
In 2019, Jamie earns $7,000 in net investment income and incurs $12,000 of investment interest expense. What is the maximum amou
Katen [24]

Answer:

nothing to be carried forward to next year $7,000 deductible this year;

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8 0
3 years ago
Help please!
Kitty [74]

Answer: Gemma took a <em>values inventory </em>in her career explorations class. This indicated to Gemma that money and status may mean a lot to her, but she also finds it healthy to maintain a work-life balance. The correct answer is B.

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