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Dvinal [7]
3 years ago
13

Jaleel's work group meets face-to-face and generates numerous alternatives to a product issue, many of them radical and a few ou

t of the box. After identifying all alternatives, the group discusses the pros and cons of each and agrees on a short list of the best solutions. Jaleel's group is using _______ as part of its decision-making process.
Business
1 answer:
Paladinen [302]3 years ago
8 0

Answer:

brainstorming as a part of it’s decision making process

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On June 1, 2016, Skylark Enterprises, a calendar year LLC reporting as a sole proprietorship, acquired a retail store building f
fiasKO [112]

Answer:

Skylark Enterprises

The cost recovery is $___41,024___, and the adjusted basis for the building is $__358,976___

Explanation:

a) Data and Calculations:

Cost of retail store acquired = $500,000

Property acquisition date = June 1, 2016

Property disposal date = June 21, 2020

Length of use of property before disposal = 4 years and 21 days

Cost allocated to Land = $100,000

Cost allocated to Building = $400,000

Annual Depreciation expense = $10,256 ($400,000/39)

Cost recovery after 4 years = $41,024 ($10,256 * 4)

Adjusted basis for the building = $358,976 ($400,000 - $41,024)

b) The adjusted basis for the building is the cost of the building minus its accumulated depreciation for the number of years it has been in use.

4 0
3 years ago
What’s the answer cuh
ivann1987 [24]

Answer:

D

Explanation:

i took the paper test

7 0
2 years ago
On January 1, 2017, Eagle borrows $16,000 cash by signing a four-year, 5% installment note. The note requires four equal total p
goblinko [34]

Answer:

<u>Issuance - January 1, 2017</u>

Cash $16,000 (debit)

Note Payable $16,000 (credit)

<u>December 31, 2017</u>

Interest Expense $800 (debit)

Note Payable $3,712.19 (debit)

Cash $4,512.19 (credit)

<u>December 31, 2018</u>

Interest Expense $614.39 (debit)

Note Payable $3,897.80 (debit)

Cash $4,512.19 (credit)

<u>December 31, 2019</u>

Interest Expense $419.50 (debit)

Note Payable $4,092.69 (debit)

Cash $4,512.19 (credit)

<u>December 31, 2020</u>

Interest Expense $214.87 (debit)

Note Payable $4,297.32 (debit)

Cash $4,512.19 (credit)

Explanation:

The Loan Amortization Schedule is most appropriate way to solve all parts of this problem.

The first step to construction of the Amortization Schedule is to determine the payments made annually, PMT (interest and principal).

Using a Financial calculator, this can be determined as ;

Pv = $16,000

r = 5%

n = 4

Fv = $0

p/yr = 1

Pmt = ?

Thus PMT is $4,512.19.

Amortisation Schedule (Extracted from Financial Calculator)

<u>2017</u>

Principle Payment = $3,712.19

Interest Payment = $800

Balance =  $12,287.81

Accounting Entries :

Interest Expense $800 (debit)

Note Payable $3,712.19 (debit)

Cash $4,512.19 (credit)

<u>2018</u>

Principle Payment = $3,897.80

Interest Payment = $614.39

Balance =  $8,390

Accounting Entries :

Interest Expense $614.39 (debit)

Note Payable $3,897.80 (debit)

Cash $4,512.19 (credit)

<u>2019</u>

Principle Payment = $4,092.69

Interest Payment = $419.50

Balance =  $4,297.32

Accounting Entries :

Interest Expense $419.50 (debit)

Note Payable $4,092.69 (debit)

Cash $4,512.19 (credit)

<u>2020</u>

Principle Payment = $4,297.32

Interest Payment = $214.87

Balance =  $0

Accounting Entries :

Interest Expense $214.87 (debit)

Note Payable $4,297.32 (debit)

Cash $4,512.19 (credit)

8 0
2 years ago
Colleen and Judy purchased a dilapidated townhome in an estate sale. Due to their fix-up work and the current economy, the prope
liq [111]

Answer:

The correct answer is The covenant of warranty.

Explanation:

It is said that in this type of pact a public and peaceful possession must be written, which can be exercised so that it can be known by society. The possession of the property must be declared as continuous (that is, there can be no claim by the owner or the property is lost), and must be exercised as the legitimate owner before third parties.

5 0
2 years ago
what happens if a spelling checker does not have a suggestion for a misspelled word? a. the writer must correct the word. b. the
zubka84 [21]
A. The writer must correct the word

when a computer can't understand what you were trying to say because the word word is spelled so poorly, it can't give similar words because it doesn't know what your trying to say, also they are built to never ignore unless you specially tell them to, and finally it doesn't bring up the dictionary, trust me, i spell lots of words wrong.

hope this helps
good luck
3 0
3 years ago
Read 2 more answers
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