Answer:
The interest revenue will Savor record in Year 1 on this lease at 9% is $347,697
Explanation:
Present value of Lease Payment = $4,561,300
Less: First Payment on Jan 1, 2018 = $698,000
Remaining Balance = $3,863,300
Interest Revenue for Year 1 at 9% = $3,863,300 × 9%
Interest Revenue for Year 1 at 9% = $347,697
Answer:
Explanation:
If I was Frank I wouldn’t have disclosed the information from one company to the next, it is unethical and with an NDA information shouldn’t be passed on. Even though, it may have been an opportunity for the company he got hired and a threat to the company he disclosed the information from.
<span>In case there is a hostile act, you should remain calm and follow the instructions of emergency officials. This is for your safety and those officials will be planning on how to save you. You do not need to panic in situations like this because it can lead you to wrong decisions that can be a danger to others.</span>
Answer:
The athlete with equal installments got the better deal.
Explanation:
Two athletes each sign 10-year contracts for $80 million.
In one case, we’re told that the $80 million will be paid in 10 equal installments.
In the other case, the $80 million will be paid in 10 installments, but the installments will increase by 5 percent per year.
The one with equal installments will get $8 million every year.
But the one with increasing installments will get smaller payments initially as his payments were to be increased by 5% each year.
Though the total value of both the annuities will remain the same.
Answer:
C) Rudy's Hot Dogs will be liable to Roger if he makes any discrimination or wrongful discharge claims.
Explanation:
Option A is wrong: Roger is not an employee of Rudy's Hot Dogs, he is an independent contractor, therefore Rudy's Hot Dogs does not need to withhold any part of his wage for federal income tax purposes. As an independent contractor, Roger is responsible for paying his own taxes.
Option B is wrong: Roger can be hold liable for any torts committed by him within the scope of the working relationship with Rudy's Hot Dogs.
