Answer:
$9,352.27
Explanation:
25% of 1.2million
25/100×$1,200,000
=$900,000
Monthly mortgage Payment (p)=r(PV)/{1-(1+r)^-n}
Present value (PV)=$900,000
r=7.2%/12
=7.2/100÷12
=0.072/12
r=0.006
n= 144(12 years×12months)
P=r(PV)/{1-(1+r)^-n}
=0.006×$900,000/{1-
(1+0.006)^-144
=$5,400/{1 - (1.006)^-144}
=$5400/{1 - 0.4226}
=$5,400/0.5774
=$9,352.27
Answer:
A. True
Explanation:
The two most common settings for legitimate non-competition agreements are the sale of a business and an employment relationship. When a non-compete agreement is ancillary to the sale of a business, it is enforceable if reasonable in time, geographic area, and scope of activity.
Answer:
correct option is (A) A deferred tax liability of $16 among noncurrent liabilities.
Explanation:
solution
pretax account income = $200
overweight fines= $5
understate depreciation = 110 - 70 = $40
so total taxable income is = $200 - $5 - $40
total taxable income is = $165
and
income tax is = 40% of $165
income tax = $66
and
income tax expense as per book is = 40 % of ( 200 + 5 )
income tax expense as per book is = $82
so deferred tax liability among non current liability is = $82 - $66 = $16
so correct option is (A) A deferred tax liability of $16 among noncurrent liabilities.
Answer:Alan journal $. $
Date. Description Dr. Cr
July 31,19 suta tax Dr. 2,113
Bank. Cr. 2,113
Narration. Payment of outstanding tax
The payment that are cash related can be posted through a bank or cash account as a book of original entry for cash, if however they are posted through a journal the same objective can be achieved.
Answer:
Authorization of transactions
Explanation:
In simple words, There is indeed a possible possibility of getting into a contract multiple times owing to uncertain subordination. To order to minimise this, all workers will obey the defined rules for multiple purchases, such as the fixed pricing chart, to insure that it is a minimal amount of mistake.
A few assigned staff members should be delegated with difficult responsibilities linked to their divisions, such as the manufacturing clerk, who is accountable for revamping the internet material bill as well as the path sheet documents in order to decrease human mistake.
