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3 years ago

In each succeeding payment on an installment note:

Business

1 answer:

Serggg [28]3 years ago

5 0

Answer:

In each succeeding payment on an installment note:

b. The amount that goes to interest expense decreases.

Explanation:

With each installment settled, the principal amount will continue to reduce and as a result, the amount that will be recognized as interest expense will also decrease. This is because the interest expense is calculated based on the principal amount, which is decreasing with each installment. The interest expense for a previous period will not be the same for the future period.

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Can you wear weave with a Jheri curl ?

ICE Princess25 [194]

Answer:

yes

Explanation:

yes sure you can weave with jheri curl

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2 years ago

Read 2 more answers

On December 31, 2020, Lemmon Company issued 20,000 shares of its common stock with a fair value of $50 per share for all of the

Phantasy [73]

Answer:

$1,002,000

Explanation:

The costs incurred on the share for share exchange include the fair value per share ,issue costs,direct cost as well as contingent consideration(consideration based on the acquired business performance.

However,the costs eligible to be recorded as investment upon acquisition are the fair value per share and the contingent obligation as shown below:

Fair value (entire shares) $50*20,000=$1,000,000

fair value of potential obligation =$2000

total value of investment $1,002,000

The issue costs and direct should be expensed immediately.

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2 years ago

The general pattern that consumption of the first few units of any good tends to bring a higher level of _______ to a person tha

ch4aika [34]

Answer:

1. utility

Explanation:

The law of diminishing marginal utility states that as consumption increases, the utility derived from consumption falls.

I hope my answer helps you

6 0

3 years ago

What is the role of public administration

rodikova [14]

Public administration is "centrally concerned with the organization of government policies and programs as well as the behavior of officials (usually non-elected) formally responsible for their conduct". A public administrator’s ultimate goal is the implementation of policies and regulations that further the public’s interests.

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2 years ago

Companies A and B are in the same industry and are identical except for cost structure. At a volume of 50,000 units, the compani

ASHA 777 [7]

Answer:

B. Company A's cost structure has higher fixed costs than B's.

Explanation:

Let's see the formula for income:

50,000 units x sales price - variable cost x 50,000 - fixed = net income

50,000 (sales - variable) - fixed = net income

At 50,000 both have equal net income.

Also we are given the fact that their sales is the same.

"identical except for cost structure"

So:

$50,000 (S-V_a)-Fixed_a = 50,000 (S-V_b)-Fixed_b$

We work it and remove sales from the equation:

$50,000S-50,000V_a-Fixed_a = 50,000S-50,000V_b-Fixed_b$

$-50,000Variable_a-Fixed_a = -50,000Variable_b-Fixed_b$

At 60,000 units, Company A has a higer income, so the increase of variable cost in company A is lower than company B

The cost of 10,000 more units is all variable cost, if Company A has more income, then their variable are lower.

If variable cost for 10,000 is lower, same applies for the variable cost for 50,000 so we have:

10,000Va < 10,000 Vb

50,000Va < 50,000Vb

So to have equal income at 50,000 units.

Fixed of A > Fixed of B

5 0

3 years ago