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Tanya [424]
3 years ago
7

What is the cost driver for rent expense? ​

Business
1 answer:
LuckyWell [14K]3 years ago
4 0
Ahhhhh please help me thanks
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Edward is a partner in ENS, Ltd. The partnership generated a loss during the current year. Edward's share of the loss was $7,000
antiseptic1488 [7]

Answer:

Edward can deduct his $7,000 loss from his adjusted gross income (AGI). Partnerships are investments that you make regardless of whether you work for them or not. One of the key characteristics of partnerships is that they are not taxed as separate entities, they pass-through their income or losses to the  partners.

3 0
3 years ago
Shop –N-Go Systems purchased cash registers on April 1 for $6,000. If this asset has an estimated useful life of four years, wha
vichka [17]

Answer:

Depreciation= $250

Explanation:

Giving the following information:

Purchasing price= $6,000

Useful life= 4 years

Depreciation= straight-line

First, we need to calculate the annual depreciation:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= 6,000/4= 1,500

Now, the depreciation for two months:

Depreciation= (1,500/12)*2

Depreciation= $250

3 0
3 years ago
Southland Company is preparing a cash budget for August. The company has $16,300 cash at the beginning of August and anticipates
Vesna [10]
Please answer please please thank you
6 0
3 years ago
Kant Miss Company is promising its investors that it will double their money every 3 years. What annual rate is Kant Miss​ promi
AnnZ [28]

Answer:

Intructions are listed below.

Explanation:

Giving the following information:

Kant Miss Company is promising its investors that it will double their money every 3 years.

A) According to the rule of 70, an investment will duplicate in X number of years using the following formula:

N= 70/ interest rate

In this exercise:

3=70/i

i=70/3= 23.33%

B) If this is a good deal or not will depend on the interest rate and risk that you are willing to accept.

C) To find how many years it will take to reach to $26000 we need to use the following formula:

n=[ln(FV/PV)]/ln(1+r)

ln= natural logarithm

FV= Final value

PV= present value

r= interest rate

n=[ln(26000/300)]/ln(1+0,23333)

n= 21,55 years.

7 0
3 years ago
Một công nghệ tưới tiết kiệm mới làm tăng năng suất và giảm cho phí trồng nho, điều gì xảy ra đối với thị trường nho
frosja888 [35]

Answer:

cannot understand this launguage

Explanation:

so please send it in English so I could answer

3 0
2 years ago
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