Answer:
$5,775
Explanation:
The computation of the interest payment is shown below:
= Note payable amount × rate of interest × number of months ÷ total number of months in a year
= $110,000 × 9% × 7 months ÷ 12 months
= $5,775
We simply multiplied with the note payable , interest rate, and the given number of months to find out the interest expense
And, the seven months is calculated from June 1, 2013 to December 31, 2013
I think the correct answer from the choices listed above is option D. The type of income that Zoe has would be earned income and capital gains income. Hope this answers the question.
Answer:
D. $2,050,000.
Explanation:
In 2020
Expenditure = 4,000,000
In 2021
Expenditure = 2,050,000 (Change in Design cost is already included)
All the costs incurred to make an asset usable could be capitalized. the change in original construction design is an essential cost and it is incurred before completion / use of city hall. So the cost of 2,050,000 will be added to capital account in 2021.
So the correct option is D. $2,050,000.
Answer:
no my school is boring hehehhe
Answer:
$0.875
Explanation:
The computation of the stock price that changes upon the announcement is shown below:
As it given that
The corporate tax is 35%
So there is an effective disadvantage i.e. retention
Also, the stock price would be decline by 35% of cash
i.e.
= 35% × $250 million ÷ 100 million outstanding
= $0.875
Hence, the stock price is $0.875