Hey Friend
Monopolistic competition are markets with many buyers and sellers, easy to enter and leave, but with differentiated products. Therefore, the answer is (C).
Answer:
c. interest expense of $107,361 and depreciation expense of $89,468.
Explanation:
The computation is shown below
The interest expense on lease is
= 8% of $1,342,016
= $ 107,361
ANd, the depreciation expense is
= (present value of lease payments at the closing of 10 years) - (salvage value) ÷ life of the asset
= ($1,342,016 - $0) ÷ 15 years
= $89,468
Hence, the option c is correct
The answer to your question is,
civil rights infringement
-Mabel <3
Answer: $197.26
Explanation:
$80,000 x 6% x 2yrs = $4,800 x 2yrs = $9,600
$4,800 ÷ 365 = $13.15/day
$13.15 x 15 days = $197.26