1000 x 5 x 3= $15000/100 = $150 in simple interest
Noncurrent Operating Asset Depreciation is a procedure used in accounting to reflect declining asset values on the balance sheet.
A tangible item's cost can be spread out over the period of its useful life using the accounting approach of depreciation. Depreciation indicates how much of an asset's worth has been expended. It makes it possible for companies to buy assets over a predetermined period of time and profit from those assets. The immediate cost of ownership is greatly lowered because businesses do not have to fully account for them in the year the assets are purchased. A company's profits can be significantly impacted by not accounting for depreciation. Long-term assets can also be depreciated by businesses for tax and accounting reasons.
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The total debt from all loans should not exceed 36 percent of the gross monthly salary.
<h3>What do you mean by Loan?</h3>
A loan refers to the money provided to another party in exchange for the repayment of the principal amount including interest.
The total debt from all loans should not exceed about 36 percent of the gross monthly salary.
Therefore, the total debt from all loans should not exceed 36 percent of the gross monthly salary.
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Answer:
Informal feedback
Explanation:
In simple words, informal feedback relates to the feedback under which the feedback is not planned by either of the parties involved and the conversation regarding the review just happens occasionally unplanned. I
Generally, In such feedback there is no exchange of information but one party dictates their view to the other. Hence, from the above we can conclude that the given case is an instance of informal feedback.
Answer:
$79200
Explanation:
Equivalent production
=$88000+[40%*(103000-88000)
=94 000 units
Cost per unit
=(52020+32580)/94 000
=$0.9
Costs=88 000* $0.9
=$79 200