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Sunny_sXe [5.5K]
3 years ago
10

Suppose on January 1 Aiden​'s Tavern prepaid rent of $ 13 comma 200 for the full year. At July 31​, how much rent expense should

be recorded for the period January 1 through July 31​? At July 31, Aiden's Tavern should record $ 7700 of rent expense. Enter any number in the edit fields and then continue to the next question.
Business
1 answer:
Paha777 [63]3 years ago
8 0

Explanation:

13,200 Rent prepaid on January 1 for 1 year

÷ 12 Months

$ 1,100 Rent expense per month

Thus, $1,100 Rent expense per month

× 7 Months

$7,700 Rent expense for January through July

At July 31, Aiden's Tavern should record $ 7700 of rent expense.

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A purchase made with no planning or research is a(n) __ buying decision.
Pachacha [2.7K]
<span>A.impulse
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3 years ago
Read 2 more answers
Shirley’s and Son have a debt-equity ratio of .60 and a tax rate of 35 percent. The firm does not issue preferred stock. The cos
ikadub [295]

Answer:

d. 8.2%

Explanation:

The computation of the WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of  common stock) × (cost of common stock)

where,  

Weighted of debt = Debt ÷ total firm

= (0.60 ÷ 1.60)

= 0.375

And, the weighted of common stock = (Common stock ÷ total firm)

                                                              = 1 ÷ 1.60

                                                              = 0.625  

The total firm is

= 0.60 + 1

= 1.60

Now put these values to the above formula  

So, the value would equal to

= (0.375 × 8%) × ( 1 - 35%) + (0.625 × 10%)

= 1.95% + 6.25%

= 8.20%

8 0
3 years ago
On October 1, 2022, Ivanhoe Company places a new asset into service. The cost of the asset is $87500 with an estimated 5-year li
Dimas [21]

Answer:

$3150

Explanation:

Given:

Cost of the asset purchased = $87500 (on 1st October. 2022)

Salvage value at the end of its useful life = $24500

Useful life estimated = 5 years

Question asked:

What is the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation?

Solution:

<u>As we know:</u>

Straight-Line\ Depreciation\ Expense=\frac{Cost\ - Salvage\ Value}{Useful\ Life\ of\ the\ Asset}

                                                               =\frac{87500-24500}{5} =\frac{63000}{5} =12600

Depreciation expenses per year = $12600

But we have to find depreciation expenses for 2022 for:-

From 1st October, 2022 to 31st December, 2022 = 3 months.

<em><u>Straight-Line Depreciation Expense for Partial Year = </u></em>

<em><u /></em>D\times\frac{N}{12} \\\\ D=Depreciation\ expense\ for\ a\ complete\ year.\\N= Number\ of\ months\ during\ which\ the\ fixed\ asset\ was\ available\ for\ use

Depreciation Expense for 3 months = 12600\times\frac{3}{12} =\frac{37800}{12} =3150

Therefore, the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation is $3150.

                                                             

5 0
3 years ago
question 1 a data analyst identifies and classifies keywords from customer reviews to improve customer satisfaction. this is an
ehidna [41]

When a data analyst identifies and classifies keywords from customer reviews to improve customer satisfaction, this is an example of categorizing things.

<h3>What is data?</h3>

Data can be defined as a representation of factual instructions (information) in a formalized and structured manner, especially as a series of binary digits (bits) or strings that are used on computer systems in a company.

<h3>Who is a data analyst?</h3>

A data analyst can be defined as an expert or professional who is saddled with the responsibility of inspecting, transforming, analyzing, and modelling data with the sole aim of discovering useful information, providing insights, and creating informed conclusions, so as to support decision-making.

<h3>The data analyst six (6) problem types.</h3>

Generally, there are six (6) problem types that are associated with a data analyst and this include the following:

  • Making predictions
  • Categorizing things
  • Spotting something unusual
  • Identifying themes
  • Discovering connections
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In this context, we can infer and logically deduce that a data analyst identifying and classifying keywords from customer reviews in order to improve customer satisfaction is an example of categorizing things.

Read more on data analyst here: brainly.com/question/27853454

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3 0
1 year ago
Melanie fitzpatrick is an american expatriate assigned to england. during a business meeting in london with important local cust
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If the customer wants "to table" the discussion on price then I assume he wants to hold it for later ie not deal with it right now but defer it to a later date perhaps to when more data is available either from Melanie or from him to be able to make the discussion more meaningful.
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