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4 years ago

Which is not one of the potential advantages of decentralization?

1 answer:

5 0

The one that is not considered as one of the potential advantages of decentralization would be: Increases goal congruence
Goal congruence happens when each states have an opposite goal that make them become a hindrance to one another.
By giving the main command to the central government (decentralization) their goals will be controlled so they're not opposing one another.

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Cinci Co. leased equipment for its entire 10-year useful life, agreeing to pay $50,000 at the start of the lease term on Decembe

Sedaia [141]

Answer:

The amount that Allen should report as capital lease liability in its December 31, Year 2, balance sheet is $266,746.

Explanation:

From the question, it can be seen that 10% is used by the lessee. The reason is that the 10% is what is known by the lessee and it is also lower than 12%. Therefore, we have:

Balance of the lease liability after the first payment = Present value on December 31 of Year 1 - Amount of the first payment = $337,951 - $50,000 = $287,951

It should noted that there is no interest in the amount of the first payment as it was an immediate payment.

Interest expense in Year 2 = 10% * Balance of the lease liability after the first payment = 10% * 287,951 = $28,795

Lease liability paid in Year 2 = Cash paid - Interest expense in Year 2 = $50,000 - $28,795 = $21,205

The journal entries at December 31, Year 2 will then be as follows:

Accounts Title Debit ($) Credit ($)

Lease liability 21,205

Interest expense 28,795

Cash 50,000

(To record lease payment.)

Therefore, we have:

Capital lease liability on December 31 of Year 2 = Balance of the lease liability after the first payment - Lease liability paid in Year 2 = $287,951 - $21,205 = $266,746

Therefore, the amount that Allen should report as capital lease liability in its December 31, Year 2, balance sheet is $266,746.

3 0

3 years ago

Payne Company provided the following information relevant to its inventory sales and purchases for December 2013 and the first q

Rama09 [41]

Answer:

$159,000

Explanation:

This question is incomplete we attach the attachment below:

The computation of the budgeted cash payments for inventory is shown below:

But for that first we have to determine the purchase amount which is shown below:

Purchase = Ending inventory + cost of goods sold - beginning inventory

where,

Ending inventory = $120,000 × 25% = $30,000

Cost of goods sold = $180,000

Beginning inventory = $180,000 × 25% = $45,000

So, the purchase amount is

= $30,000 + $180,000 - $45,000

= $165,000

Now the cash payment would be

= 60% of $165,000 + 40% of $150,000

= $99,000 + $60,000

= $159,000

8 0

3 years ago

Check out this app! It's millions of students helping each other get through their schoolwork. https://brainly.app.link/qpzV02Ma

Andrei [34K]

Answer:

nope im not going to the link sir im not fkn stu.pid

Explanation:

3 0

3 years ago

When making a location decision at the country level, which of these would be considered?

Alex787 [66]

The answer is b location of markets

5 0

3 years ago

The following is a list of six control plans.

zvonat [6]

Answer:

1. f. Document Design.

2. e. Computer agreement of batch totals.

3. a. Review shipped not billed sales order.

4. b. Turnaround documents.

5. d. Procedures of rejected input.

Explanation:

The business in todays world has to meet customer demands in order to be successful. It should deliver goods timely and the processing lines should be efficient. The employees should work efficiently and should be able to complete their assigned tasks within time. There should be strict internal controls to avoid errors and frauds. When shipping clerk is unable to read quantity there should be defined document design which clearly shows the quantity in bold on the ticket.

8 0

3 years ago

Which is not one of the potential advantages of​ decentralization?

Which is not one of the potential advantages of decentralization?