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vovangra [49]
3 years ago
9

OS Environmental provides cost-effective solutions for managing regulatory requirements and environmental needs specific to the

airline industry. Assume that on July 1 the company issues a one-year note for the amount of $4.1 million. Interest is payable at maturity. Required: Determine the amount of interest expense that should be recorded in a year-end adjusting entry under each of the following independent assumptions: (Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).)

Business
1 answer:
Marat540 [252]3 years ago
3 0

Answer:

See attached file

Explanation:

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In the models that describe population growth, r stands for __________.in the models that describe population growth, r stands f
Julli [10]
<span>In the models that describe population growth, R stands for per capita population growth rate. The per capital growth rate is determined by the number of births and deaths within a city, state or country. In the models, the R will represented these numbers. </span>
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3 years ago
which of the following is a depository financial institution? a) investment bank b) online bank. c) life insurance company. d) F
klasskru [66]
A because you invest money into the bank, and eventually the deposits add up to a lot of money.
3 0
3 years ago
Read 2 more answers
The LIFO inventory method assumes that the cost of the latest units purchased are:
Scilla [17]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The LIFO inventory method assumes that the cost of the latest units purchased are:

<u>Under the Last-in, First-out method the first units on inventory are the ones left to ending inventory. On the contrary, the last units are the first ones to go to the cost of goods sold. </u>

a. the last to be allocated to the cost of goods sold. False, this is under the FIFO method.

b. the first to be allocated to ending inventory. False, this is under the FIFO method.

c. the first to be allocated to the cost of goods sold. True.

d. not allocated to cost of goods sold or ending inventory. False, they are allocated to cost of goods sold.

4 0
3 years ago
After several profitable years running her business, Ingrid decided to acquire the assets of a small competing business. On May
umka2103 [35]

Answer:

question

1. how much amortization expense on the goodwill can Ingrid deduct in year 1,  year 2, year 3?

2. In lieu of the original facts, assume that Ingrid purchase only a phone list with a useful life of 5 years for $16,500.

How much amortization expense on the phone list can Ingrid deduct in year 1, year 2 and year 3?

Explanation:

The explanation is shown in the file attached. Thank you i hope it helps

Download docx
3 0
3 years ago
A building with an appraisal value of $128,156 is made available at an offer price of $153,050. The purchaser acquires the prope
elena55 [62]

Answer:

$117,201

Explanation:

Calculation for what The cost basis recorded in the buyer's accounting records to recognize this purchase is

Using this formula

Cost basis=Cash+Note payable+Mortgage

Let plug in the formula

Cost basis=$32,829+$26,957+$57,415

Cost basis=$117,201

Therefore The cost basis recorded in the buyer's accounting records to recognize this purchase is $117,201

7 0
3 years ago
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