Answer: $20,000
Explanation:
From the question, we are told that Liddy Corp. began constructing a new warehouse for its operations in the current year and that Liddy incurred interest of $10,000 on a working capital loan, and an interest on a construction loan for a warehouse of $70,000. The interest that was computed on the average accumulated expenditures for the warehouse construction was $60,000.
To calculate the amount of interest that Liddy should expense for the year, we add the $10,000 Liddy interest that Liddy incurred on a working capital loan plus the interest on the construction loan for the warehouse of $70,000. We then subtract the expenditure of $60,000 from the value gotten. This will be:
= $10,000 + $70,000 - $60,000
= $20,000
The amount of interest should Liddy expense for the year is $20,000.
Answer:
All the above.
Explanation:
- Based on the articles the middle-class shrinks P&G high and low are identified by the environmental factors that may impact the development of the firm in the market.
a) Social
: The Social factor in the external environment of the form will be related to the firm showing the product whether it's accepted by the society at large.
b) Cultural
: This aspect will focus on the moral and ethical principles of the company wants to portray.
c) Demographic
: Factors related to the people and their age structures as they are customers users of the products.
d) Economic
: In terms of the revenue maximization and profit motive should target with the appropriate amount.
e) Competitive
: As the markets are highly competitive the demand for the product and the market values will be dependent on the company position of the product.
f) Technological has a larger and integrated role to play.
For most businesses, annual straight line depreciation expense on the company's building is fixed cost.
A fixed cost is one that does not change no matter how many units of a good or service are produced or sold. Fixed costs are expenses a company must pay regardless of the specific economic operations it does. As a result, fixed expenses are often indirect because they have nothing to do with how a firm produces any goods or services. Both fixed expenses and variable costs, which together make up a company's total costs, are common. It's common practice to reduce fixed expenses by using shutdown points.
Learn more about fixed costs here:
brainly.com/question/17100497
#SPJ4
" Order, order." would be your answer.