Answer:
To teach High School, you need a Bachelors degree.
To graduate it, you have to pass English/Language Arts · Mathematics · Science · Social Studies/History · Foreign Languages · Physical Education
Answer: B. Capital leases do not transfer ownership of the asset under the lease, but operating leases often do.
Explanation:
When using Capital Leases, the lessee will record the lease as if it were their own asset and as a result will also depreciate it. The lessee will also create a long term liability on their balance sheet for the asset.
Capital leases usually also involve a transfer of ownership to the lessee at the end of the lease term. Operating Leases on the other hand do not have these features. They are more like a rental of an asset and as such are recorded as a rental expense in the books of the lessee. The ownership remains with the lessor in an Operating Lease and the asset will be returned once the lease period is over.
Answer:
Closing retained earning is $414,540
Explanation:
The Retained Earnings figure can be calculated using the following equation:
Closing Retained Earnings = Opening Retained Earnings + (Sales - Expenses - Dividends)
Here
Opening balance of Retained Earning is $397,620
Revenues is $56,400
Expenses are $33,840
Dividends paid are $5,640
The purchased equipment is not considered here because it is increase in asset not an increase or decrease in revenue or expenses. So it is not considered here.
So by putting values, we have:
Closing Retained Earnings = $397,620 + ($56,400 - $33,840 - $5,640)
Closing Retained Earnings = $414,540
These dashboards help teams keep track of the progress and success of company-wide metrics and enable management to make data-driven decisions on future business goals. Management dashboards may include graphs, images, tables, numeric data, and data from case studies, or a combination of these elements.
