Answer:
The answer is D. Income statement
Explanation:
Answer:
c. $50,400
Explanation:
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest
= $480,000 × 10.5%
= $50,400
hence, the interest expense is $50,400
Therefore the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
$80,000
Explanation:
Since Worthington Corp. assumed the the $20,000 mortgage which the building was subject to, the Worthington Corp.'s basis in the building is the adjusted basis of the building.
Therefore, Worthington Corp.'s basis in the building is <u>$80,000</u> which is the adjusted basis of the building.
Answer: positive result from regulatory and economic environmental forces.
Explanation:
Based on the information given, if Toyota builds a plant, then the decision would reflect positive result from the regulatory and economic environmental forces.
The regulatory forces depend impact how an organization will operate. It is part of the external marketing environment of a company whereby the political efforts has an affect on a company's marketing effort.
In this case, since there is a growing trend to "Buy American", if Toyota builds a plant, rather than importing, it'll represent positive result from regulatory and economic environmental forces.