Answer: The landlord has sued the law firm, the accounting firm, and the investment company for failure to pay the taxes but the landlord should prevail against<u><em> the law firm and the accounting firm, but not the investment company.</em></u>
<u><em>This is because here the sublease was written, but there was no provision concerning the investment company's assumption of the duties under the lease.</em></u>
Answer:
c $4,450 U
Explanation:
The computation of the Variable overhead spending variance is shown below:
= (Standard variable overhead Rate × Actual Hour) - (Actual Rate × Actual Hour)
= ($12 × 400 units × 5.6 hours) - ($31,330)
= $26,880 - $31,330
= $4,450 Unfavorable
The (Actual Rate × Actual Hour) is also called as Actual variable overhead.
All other information which is given is not relevant. Hence, ignored it
Answer:
A. A central bank provided direct control over all interest rates, facilitating the control and direction of the overall economy.
Explanation:
Rapid economic growth will require businesses and the economy to have unfettered access to funds and structures that will facilitate growth. Formation of corporations that will help with funding, the central bank giving out loans to businesses and forming private banks, and encouraging flow of funds from savers to enterpreneurs are ways in which economic growth is boosted.
However if a central bank provides direct control over all interest rates, facilitating the control and direction of the overall economy, it will limit economic growth.
Answer:
The difference in tax to be paid between the two methods is $455
Explanation:
In this question, we are asked to calculate the difference in tax for the LIFO and FIFO method.
The matter of importance here is that the tax rate is 35%. We proceed as follows:
For the FIFO income, the tax rate is 35% of 8,600 = 35/100 * 8600 = $3010
For the LIFO method, the tax rate is 35% of $7,300 = 35/100 * 7,300 = $2,555
The difference in tax that would be paid between the two methods is 3010-2555 = $455
Answer:
Achieved. The ROI currently is 13.33% So the prohect earning a ROI of 12% was accomplished
Explanation:
Return on Investment will be Income/ Investment Capital
Which in this case is defined as total assets.
So it would be<em> Income / Total Assets</em>
The last is a given figure: 150,000
Now <u>let's first find out the income:</u>
180,000 revenues - 160,000 expenses = 20,000 net income
Finally <em>calculate the </em><em>ROI</em> 20,000/ 150,000 = 13.33%
