Answer:
. If Wildhorse’s tax rate is 30%, what amount should it report as the cumulative effect of changing the estimated bad debt rate?
Answer is 0.
Explanation:
The answer is 0 because it has not impact in the accumulated value of the bad debts expenses.
The impact is in the current year of 2020 on the estimated value of $132,000 that will be reported as bad debt expenses but there is no impact in the accumulated value becasue it only has an impact in the current estimation.
Answer:
$18,750
Explanation:
Present value (PV): $12,000
Tenor: 3 years
Future value (FV): $15,700
We have the formula:
FV = PV*(1+ annual rate) ^ number of year
15,700 = 12,000 * (1 + rate) ^3
-> Rate = (15,000/12,000)^(1/3) – 1 = 7.722%
If Sam invest in 6 year, the amount he expect to have is the future value in below calculation:
FV = 12,000 * (1+ 7.722%)^6 = 18,750
Answer: Patton will sue QC industries for tortious interference with a contract
Explanation:
Since there has been a contract which had already been signed, then if QC industries damages Patton Company's image, Patton will sue QC industries for tortious interference with a contract.
Tortious interference, is also refered to as the intentional interference with a contract and this occurs when the business relationship or contract that one has with a third party is intentionally damaged by another person. In this case, QC intentionally damages Patton's contract and therefore, Patton will sue QC industries for tortious interference with a contract.
Abc airlines is adopting an <u>"assimilate"</u> option for managing diversity.
The idea of diversity includes acknowledgment and regard. It implies understanding that every individual is one of a kind, furthermore, perceiving our individual contrasts. These can be along the measurements of race, ethnicity, sex, sexual introduction, financial status, age, physical capacities, religious convictions, political convictions, or different philosophies. It is the investigation of these distinctions in a sheltered, positive, and supporting condition. It is tied in with seeing each other and moving past straightforward resistance to grasping and praising the rich measurements of assorted variety contained inside every person.
