Answer:
$347,697
Explanation:
The interest revenue which shall be recorded by the Savor Corporation for the year ended 2018 in respect of equipment leased to Spree Company shall be calculated using the following mentioned formula:
Interest revenue=(Present value of lease equipment as at January 1, 2018-payment made on January 1, 2018)*interest rate
In the given question:
Present value of lease equipment as at January 1, 2018= $4,561,300
Payment made on January 1, 2018=$698,000
Interest rate=9%
Interest revenue=($4,561,300-$698,000)*9%=$347,697
You have stopped to park a vehicle equipped with an automatic transmission. the next step is to keep your foot on the brake pedal and set the parking brake.
<h3><u>
What are brake pedals and parking brake?</u></h3>
- To the left of the accelerator on the floor is the brake pedal. It applies the brakes when pressed, slowing or stopping the car.
- To make the brakes engage, press firmly on the pedal with your right foot (heel on the ground).
- If your car has conventional brakes, the pedal will wiggle a little before becoming resistant. If your vehicle has power brakes, you won't need to press as hard on the brake pedal to apply the brakes.
- The parking brake can be engaged via a lever under the dashboard, a pedal on the left floor, or a pedal on the right.
- The parking brake, commonly referred to as a handbrake or an emergency brake (e-brake), is a device used in road vehicles to hold the car securely immobile when it is parked.
- A cable that is attached to two wheel brakes and subsequently to a pulling mechanism is a common component of parking brakes.
Most parking brakes in cars only work on the back wheels, which have less traction while braking. The mechanism could be a foot-operated pedal next to the other pedals, a straight pull handle next to the steering column, or a hand-operated lever.
Know more about parking brakes with the help of the given link:
brainly.com/question/15606657
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Answer: $17,000
Explanation:
Given that,
Budgeted beginning cash balance = $16,000
Budgeted cash receipts total = $188,000
Budgeted cash disbursements total = $187,000
Desired ending cash balance = $40,000
The excess (deficiency) of cash available over disbursements for June will be:
= Beginning cash balance + Cash receipts - Cash disbursements
= $16,000 + $188,000 - $187,000
= $17,000
Answer:
Union power
Explanation:
The difference in wages is as a result of Union power because the North now belongs to a labor union that protects their interest. A labor union is an organization that plays the role of an intermediary between their members and their employers. The workers in the North through the union are able to negotiate for better wages. Through collective bargaining, the union gives workers In the North the power to request for better work pay than workers in the east, West and South facilities.