Answer:
With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c
Explanation:
According to the given data we have the following:
PV of lease=$750,578
Annual payment=$180,000
Rate of interesr=10%
The interest expense would be calculated as follows:
Interest expense = ( PV of lease - Annual payment ) * Rate of interest
Interest expense = ( $750,578 - $180,000 ) * 10%
Interest expense = $57,058
Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.
Investor is the answer. Hope this helps!
Answer:
The correct answer is (a)- Parallel teams.
Explanation:
The majority of the teams in which the manager or boss assigns and directs the work of the team, normally what we see is the so-called "parallel work" in which each team member develops only one functionality planned in the scope of the project . This type of organization gives the administrator the feeling that several of the functionalities are being developed at the same time, which should ensure that the project is not delayed. Well, if we analyze this with a little more care we will see that what happens is exactly the opposite.
Answer:
The correct answer is the option B: Activity relationship charts (ARCs).
Explanation:
To begin with, <em>''activity-based costing system''</em> is the name that receives a costing method that focuses in the identification of activities and proper assignment of the them to the products and services according to the actual consumption by each. Moreover, the main purpose of this model is to assign more indirect costs into direct costs.
To continue, the<em> ''activity relationship chart'' </em>is a tabular that displays the closeness rating among all pairs of activities and therefore that this tool is the most suitable for the company to accomplish the task of converting into an activity-based costing system.