<span>$11,320 with its interest rate over the year will be $13659.84. If Francine paid $436 each month for a year he would have paid off $5232 in a year. His debt balance would still be remanding at $8427.84. Francine will have paid off a large amount of his payment plan with the company however he will still be required to spend 18 months or so to pay back what he owes as there was a a 20.67% interest sum added to his payment plan with the company.</span>
Answer:
a) Decrease goodwill by $13,000
Explanation:
In IFRS, whenever recoverable amount of a cash generating unit is less than the carrying amount, an impairment loss is recognized. After calculating an impairment loss, it is then allocated to the carrying amount of Cash generating unit's goodwill.
Impairment loss in this case is = Total carrying amount - Recoverable amount of CGU = $45,000 - $32,000 = $13,000. Hence, the impairment loss will be allocated to the carrying value of the goodwill, leading to decrease in goodwill by $13,000.
Answer:
C.) Lease on the studio space
D.) Insurance that the landlord requires Sonia to carry for the studio.
Explanation:
Fixed cost are costs that do not change with the level of output.
These costs are incurred whether or not people come to Sonia's studio.
Variable costs are costs that change with the level of output. If output rises, variable cost increases and falls if output reduces. In this question, the variable costs are the costs of tank tops and wages paid to the other yoga instructors.
I hope my answer helps you.
Answer:
a .- 0
b.- 0
Explanation:
let's add up the combine effect of each transaction made by Jane:
550 withdrawals
+330 the IRS deposit the cash
+140 neighbor deposits
<u>+ 80</u> Jane Deposit*
0
* deposit made by Jane:
550 - 330 aid taxes- 140 purchases used golf club = 80 deposits
As the money oes into different deposits amount the M1 and M2 is not change after this transactions
