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jeyben [28]
3 years ago
8

Long Beach, Inc., a lessor, charges Applewood Corp., a lessee, a $10,500 nonrefundable fee to enter into a five-year operating l

ease. The lease is effective on January 1, 2016. It provides for monthly rental of $2,400. In Applewood's income statement for the year ended June 30, 2016, rent expense should be
Business
1 answer:
N76 [4]3 years ago
7 0

Answer:

Rent expense= $30,900

Explanation:

Non-refundable fee expense for year 2016 = $10,500 / 5

Non-refundable fee expense for year 2016 = $2,100

Annual rent expenses = Monthly rental * 12 month

Annual rent expenses = $2,400 * 12

Annual rent expenses = $28,800

Rent expense for year ended June 30, 2016 = Annual rent expense + Non-refundable fee expense for the year

Rent expense  = $28,800 + $2,100

Rent expense = $30,900

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o-na [289]

Answer:

A Mortgage Backed Bond is:

e. A loan in which security interest in real estate is granted by a borrower.

Explanation:

A mortgage backed bond is tied to or secured on a real estate asset.  This implies that the bond is not just a promise to pay a debt obligation but the attached promise is secured or backed by some real assets.  There is extra security provided for the bond because specific assets are identified as securities for the bond.  Since the bonds are associated with some real assets, the assets can be traded in the event that the debt obligations are not met.

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3 years ago
Your market value is determined by what you bring to the job.<br><br> True<br> False
mafiozo [28]
False because it’s false
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Gwar [14]

Answer:

Option B                                  

Explanation:

In simple words, A policy of stabilisation refers to the package or group of indicators that have been presented to normalize a financial sector or economic system. The term may relates to initiatives in two separate situations: convergence of the economic cycle or stabilisation of its credit crunch. It is one type of unilateral strategy in any situation.

    Thus, from the above we can conclude that the correct option is B .

7 0
3 years ago
The capital-to-labor ratio is:Question 40 options:a) a key element in decreasing real wages.b) high in rich countries.c) the rat
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Answer:

b) high in rich countries.

Explanation:

Capital-to- labour ratio measure the degree of capitalisation of an economy.

Labour is the service that is given by workers in exchange for salaries in the production process.

Capital is the long term input that is put into the manufacturing process, usually in the form of machinery or systems that automate production.

Capital-to-labour ratio= Total capital/ Total labour

Rich countries have a high level of capitalisation of their production process, where a lot of activity is automated. So capital is high and labour input is low. This results in a high capital-to-labour ratio.

On the other hand poor countries are more labour inensive, so their capital-to-labour ratio is low.

7 0
3 years ago
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