Answer:
$45,000
Explanation:
Given the following :
Coffee makers without timer :
Inventory COST = $20,000
Present valuation = $10,000
Coffee makers with timer:
Inventory cost = $35,000
Present valuation = $35,000
The value of daily grind's inventory will be the sum of the present valuation of both coffee makers:
(Present valuation of coffee maker without timer + present valuation of coffee maker with timer)
($10,000 + $35,000) = $45,000
Answer:new cars are getting too expensive
Explanation:
Answer:
Consider the following calculations
Explanation:
EBIT - Interest + Dividend Income ( 1 - 0.7) = EBT
$ 14.000.000 - $ 1.750.000 + $ 1.000.000 * 0.3 = $ 12.550.000
Base taxes for $ 10000000 = $ 3400000
( $ 12550000 - $ 10000000 ) *0.35 = $ 892500
$ 3400000 + $ 892500 = $ 4292500 in total taxes due
Answer:
b. Liability, $9,000,000; expense, $0.
Explanation:
An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations
Here the $9,000,000 million represents the liability
Also the journal entry is
Asset Dr
To liability
(Being the asset placed is recorded)
There is no expense should be recorded in the income statement
Answer: Capacity
Explanation: Under the characteristic of capacity, the reviewing authority tries to evaluate the ability of the opposite party if they are competent enough to pay the loan.
In the given case Jessica considers the amount of liquid assets that the opposite party have, which is a reasonable criteria to understand the liquidity position.