Based on accounting principles, the correct amount for total lease expense in 2019 is<u> $17,000.</u>
<h3>Why is this the correct amount?</h3>
Accounting principles state that lease payments must be recorded as an equal amount over the years of the lease.
The total lease payment is:
= 20,000 + 18,000 + 16,000 + 14,000
= $68,000
Annual payment is:
= 68,000 / 4
= $17,000
Find out more on lease payments at brainly.com/question/5563107.
Answer:
Bachelor's degree in business management
Explanation:
Computer science and mathematics could help her while running the bakery, but won't be the most beneficial. Elementary education wouldn't really be at all helpful when running a business.
Sophia wants to run her own bakery, which is a business. Therefore, a bachelor's degree in business management will be the most helpful for Sophia.
Answer: Fixed-position layouts
Explanation: Fixed-position layouts are employed to assemble large, bulky, or fragile products to safely and effectively transferred them to a particular site for completion. E.g Assembling of an airplane. furthermore, personnel, supplies, and equipment are brought to the location where the product will be assembled. In involves ensuring that all the right people, equipment, and materials arrive on time and this is a challenging tasks when using fixed-position layouts.
Answer:
Compound interest; interest.
Explanation:
Compound interest can be defined as the interest that the bank pays you on the principal plus on the interest that you earned the preceding year. Thus, it is simply calculated by adding an interest to the initial principal i.e compounding the interest rather than withdrawal.
Mathematically, compound interest is given by the formula;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
n is the number of times the interest is compounded in a year.
t is the number of years for the compound interest.
