Answer:
D
Explanation: zero, and the supply curve is vertical.
Answer:
a.$8,400
Explanation:
Amortization of bonds discount = (100000 - 98000)/5years
= 2000/5
= 400
Interest expenses = interst on face value + amortization of bond discount
= (100000*8%) + 400
= $8400
Therefore, The bond interest expense for the year ended December 31, 2018, is $8400.
A AND B ok? Got it? Comment if you need anything
Answer: Please refer to Explanation
Explanation:
As per the US GAAP and IFRS, Deferred Tax Liabilities and Assets are not to be reported as Current Assets or Liabilities but rather as Non Current items.
Assets
Warranty Liability $57,400
Litigation Accruals $ 27,800
Total Deferred Tax Assets <u>$85,200</u>
Liabilities
Revenue Recognition $93,600
Depreciation $38,000
Total Deferred Tax Liabilities <u>$131,600</u>
Total Net Deferred Tax Liability <em><u>$46,400</u></em>
Total Net Deferred Tax Liability calculation
= $131,600 - $85,200
= $46,400
The above is how these balances would be presented in Sandhill’s December 31, 2020 balance sheet.
John could either keep looking for an apartment that he can afford 100% of, or he could look for a roommate and go 50/50 on the monthly rent.
