An unfavorable variance is produced
Answer:
$200,000
Explanation:
In the given case, The distribution which is treated as a dividend is equal to the current E&P i.e $200,000 because the distributions are paid first by current E&P and when it is consumed then the balance of accumulated E&P got reduced.
So, it also consider the current E&P as a dividend
All other information which is given is not relevant. Hence, ignored it
Answer:
see below
Explanation:
India has the longest coastline connecting it to Europe, Asia, and African countries. The coastline has helped India establish close contacts with these counties, which has benefited India socially, diplomatically, and economically.
some of the benefits include
1) Trade - The coastline allows India to trade with many countries due to its ease of accessibility. Importing and exporting to India is less expensive due to its proximity to the ocean.
2) Boast to tourism - a long coastline serves as a tourist destination.
3) Fishing- The coastline is a big opportunity for the Indian fishing industry.
4) Agriculture -The ocean influences monsoon rainfall to Indian, enabling it to profit from agricultural activities.
Answer:
$709,100
Explanation:
Cost of the building = $30150000
Average accumulated expenditures = $12500000
Actual interest = $1230000
Avoidable interest = $604000
Salvage value = $2390000
Useful life = 40 years
Depreciation expense for the first full year:
= ((Cost of the building + Avoidable interest) - Salvage value) / Useful life
= [($30150000 + $604000) - $2390000] / 40
= [$30754000 - $2390000] / 40
= $28364000 / 40
= $709,100
So, the depreciation expense for the first full year using the straight-line method is $709,100.
Answer:
(B) $10,000.
Explanation:
As in the given transaction, the customer already told the company that he wants the product by Tuesday or the company has to return the amount.
Afterward, the company is unable to ship the part on time.
So, the Cowtown can recover the amount of $10,000 instead of $13,000 as both parties are under the contract So, no one can escape from their responsibilities
