The correct answer for the given question above would be option C. The situation in which you would opt for a car lease is when you like to change cars frequently without the hassles of selling and trading them. Car lease is like "renting" a car.
Answer:
Go in for a traditional shirt-jeans outfit and pair it with black formal shoes. A plaid shirt, pair of blue jeans and black dress shoes is how you'll want to rock it! Get that macho look right by wearing a leather jacket over a formal shirt and jeans. Your shoes will complement the jacket perfectly.
Explanation:
Answer:
= $ 28,000.00
Explanation:
Warranty expenses are accounted for in the period in which they are incurred. This is in accordance with the accounting reporting standards.
For Blazer company: Year 1 sales 2800 units
Warranty per unit: $ 10 per unit
expected warranty cost: = 2800x $10
= $ 28,000.00
Answer:
the weekly depreciation is $38.46
Explanation:
The computation of the weekly depreciation is shown below;
Given that
The Purchase value of the lathe is $20,000
Useful life is 10 years
So, the annual depreciation is
= $20,000 ÷ 10 years
= $2,000 per year
Now the weekly depreciation is
= $2,000 ÷ 52 weeks
= $38.46
Hence, the weekly depreciation is $38.46
Answer:
Yes, I do agree with the statement
Explanation:
The statement which is stating that the company net income as well as the statement of the owner's equity both are included or shown indirectly in the company balance sheet . As balance sheet is that statement which tells the financial position or performance of the company at a specific time period.
Because the net income is the outcome of income statement and directly shown or stated in the income statement whereas owner's equity is the capital of the business which is shown in the balance sheet. Net income is already included in retained earnings which means shown indirectly in the balance sheet.