Answer:
$632,000
Explanation:
The computation of the amount of balance in the right of use asset after two years is shown below:
Balance in right of use asset after 2 years is
= Recorded value - ((Recorded value × rate of interest) × number of years)
= $790,000 - (($790,000 × 10%) × 2)
= $790,000 - ($79,000 × 2)
= $790,000 - $158,000
= $632,000
hence, the balance is $632,000
Answer:
The Summons.
Explanation:
A summons is a legally binding document provided for different purposes by a judge or by a law administrative agency.
- A judicial order shall be made to an individual who is interested in legal action. Civil action against the individual may be underway, or the presence of the person as a victim may be allowed.
- The summons specifies a date through which the person or organization called must either show up in court or address the court or even the opposition candidate or parties in response.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
$25,000
Explanation:
The computation of the break-even point in sales dollars is shown below:
Break even point = (Fixed expenses) ÷ (Profit volume Ratio)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $100 - $60
= $40
And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
So, the Profit volume ratio = ($40) ÷ ($100) × 100 = 40%
And, the fixed expenses is $10,000
Now put these values to the above formula
So, the value would equal to
= ($10,000) ÷ (40%)
= $25,000
Martha cannot sue the baker.
Explanation: Here in this case there is not contract or agreement or promise made by the baker. For being in a contract two parties must be there and hey must agree on the terms mutually. In this case, baker never agreed on any of her statement which means it was one sided and consideration was from Martha's side not the from the baker's side.
