If Jim wants to get a car that will last for the next 10 years, he should consider leasing the car. This is because he doesn't have enough money to flat out buy the car and only 10 years instead of a lifetime.
Answer:
Option D is correct.
<u>Interest expense in 2017= $18,783</u>
Explanation:
Interest expense in 2017 = 187825*10% = $18782.5( Approx $18,783)
An agreement a manufacturer forms with a reseller to exclusively deal with its products and not those of rivals is referred to as exclusive dealing.
Exclusive dealing. When a supplier binds the buyer by restricting their ability to choose what, who, and where they do business, this is known as exclusive dealing in economics and law. When it significantly reduces industry competition, it is illegal in the majority of nations, including the USA, Australia, and Europe.
Exclusive dealing is permitted when the sales outlets are owned by the supplier owing to vertical integration, but is prohibited (in the US) when they are independent due to the Restrictive Trade Practices Act. If it is registered and approved, however, exclusive dealing is permitted.
To know more about exclusive dealing.
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Answer:
$1,329,600
Explanation:
Calculation for the amount that Matsui would report in its year-end 2021 balance sheet for its investment in Yankee
First step is to find the Percentage of shares acquired
Percentage of shares acquired = 48,000 / 240,000 = 20%
Last step is to find the Balance sheet Amount to be reported
Using this formula
Investment = Cost + 20% of Net income - 20% of dividends declared
Let plug in the formula
Investment=$1,296,000 + (20% x $240,000) - (20% x $72,000 )
Investment=$1,296,000+$48,000-$14,400
Investment=$1,329,600
Therefore the amount that Matsui would report in its year-end 2021 balance sheet for its investment in Yankee will be $1,329,600