Answer:
$30,604
Explanation:
The computation of the interest expense for the year 2020 is as follows:
2019 interest expense is
= Equipment amount × rate of interest
= $311,967 × 9%
= $28,077
The Dec 31 2019 liability of book value is
= $311,967 + $28,077
= $340,044
Now the interest expense for the year 2020 is
= $340,044 × 0.09
= $30,604
Answer:
C) Expense $23,000 for 2018.
Explanation:
Iris owns and operates TV rental outlets, so all the expenses she makes while investigating possible purchases of related businesses (other TV rental outlets) can be deducted from her income. This deductions can be made regardless of whether Iris ended up purchasing the new stores or not.
Answer:
employees
Explanation:
This is because employees are classified as labor not capital
Answer:
Gear Tech Corp.
Michelle is performing the role of a:
E. Outplacement counselor.
Explanation:
Outplacement counseling is provided to ex-employees to transition them from Gear Tech Corp. to other jobs outside this particular company because they have been laid off from their jobs. It is a kind of an employee benefit, which some companies provide because they are interested in ensuring that their ex-employees do not remain unemployed for long. A company like Gear Tech Corp. believes strongly that if ex-employees are not useful in the company, they can be more useful in other companies. For this purpose, the company can organize counseling programs for their relieved staff to set them on a smooth transition to outside roles that may be more appropriate for them.
Appendixes p. 690
<span>Assistance Performance, Restoration. </span> breathing (mechanical ventilation) circulating the blood (dialysis), or restoring the natural rhythm of the heart
This part of the section is really important in order to restore the root of physiological function on the patient which will remove them from life-threatening situation