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My name is Ann [436]
3 years ago
7

If you go to ohva pls reply to this comment i have a question !! :))

Business
1 answer:
velikii [3]3 years ago
7 0

Answer:

hello please stop posting stuff that are unnecessary.thank you have a Wonderful day.

Explanation:

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Under an operating lease: (Select all that apply.)Check All That ApplyThe lessee reports amortization expense and interest expen
Alja [10]

Answer:

  • The lessee reports a single amount of lease expense, which is equal to interest expense plus amortization expense, in its income statement.
  • The lessee reports lease expense on a straight-line basis and the lessor reports lease revenue on a straight-line basis over the lease term.

Explanation:

An operating lease is basically renting an asset from a lessor where the lessee will pay a certain amount every period for the use of the asset.

This rent payment is equal to the interest expense plus amortization expense and will be reported in the income statement of the lessee as an expense.

This amount will also be reported on a straight-line basis for the duration of the lease term which means that even if rent increases, it will still have to be reported by the same amount over the lease period because the lease increase should have been taken into account already.

The lessor also reports lease revenue on a straight-line basis over the lease term.

3 0
3 years ago
Required information Use the following information for the Exercises below. Skip to question [The following information applies
Lyrx [107]

Answer:

Follows are the solution to this question:

Explanation:

In point A:

The estimated amount of uncollectible allowance =\$ \  635,000 \times 4 \% = \$ \ 2,540,000

In point B                                    Journal

Titles and descriptions of accounts         Debit          Credit         Calculation    

Expenditure on bad debts                \$ \ 2,526,700

Doubted debt allowance                          \$ \ 2,526,700 \  \   (\$ \ 2,540,000 - \$ \ 13,300)

(Bad Debts Expense recorded)  

In point C                                         Journal

Titles and descriptions of accounts         Debit          Credit         Calculation    

Expenditure on bad debts               \$ \ 2,553, 300

Doubted debt allowance                        \$ \ 2,553, 300     \ \ \ \ (\$ \ 2,540,000 + \$ \ 13,300)    

(Bad Debts Expense recorded)  

5 0
3 years ago
Why might these sources of individual values not prove very helpful when making complex business decisions
Blababa [14]

Answer:

The first part of the question is missing:

"We all learn values from sources such as family, religion, and school. Why might these..."

To be honest, most of the time business decisions are not clean cut ethical or unethical, even if you are not doing anything wrong or illegal. When you are doing business you will try to make the largest possible profit and money doesn't just appear from no where, if you earn money, you will be taking it away from someone else. In the best case scenario, you will be giving that customer a higher perceived value than the cost of your product or service, so everyone wins.

But many times, not everyone wins. E.g. you manage a construction company and you will bid for a project, hopefully you will win and make money, but others will lose. Empathy is good for marketing, but very bad for finances.

When thousands of jobs are replaced not by Chinese workers, but instead by computers and robots, it's just bad luck for the unemployed. When large stores like Sears go bankrupt while Amazon surges, good for Amazon, bad for Sears.

5 0
3 years ago
The aggregate demand curve would shift to the right as a result of A. tax increases. B. a drop in the price level. C. a drop in
UNO [17]

Answer:

. C) a drop in the foreign exchange value of the dollar.

Explanation:

An aggregate demand curve can be regarded as a curve that display total spending that is available

domestic goods/services with respect to their price level. the horizontal axis provide the real GDP while price level is displayed by vertical axis. It should be noted that The aggregate demand curve would shift to the right as a result a drop in the foreign exchange value of the dollar.

6 0
3 years ago
Recession and inflation have decreased the value of your investments. This is an example of ______.a. economic risk. b. industry
Fantom [35]

Answer:

A

Explanation:

Economic risk is the risk that macroeconomic conditions would affect the value of investment .

Examples of economic risks are Recession and inflation

5 0
3 years ago
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