knowing how to work with heavy machinery
Organisational norms is the answer you’re looking for
Answer:
Rent expense= $30,900
Explanation:
Non-refundable fee expense for year 2016 = $10,500 / 5
Non-refundable fee expense for year 2016 = $2,100
Annual rent expenses = Monthly rental * 12 month
Annual rent expenses = $2,400 * 12
Annual rent expenses = $28,800
Rent expense for year ended June 30, 2016 = Annual rent expense + Non-refundable fee expense for the year
Rent expense = $28,800 + $2,100
Rent expense = $30,900
The 2008 Global Financial Crisis was the result of risky lending practices and a reliance on certain financial products that were faulty and were built to eventually fail. Banks had leveraged too much debt into the economy through risk "derivative" type investments that over time led to increased instability and eventually the collapse of major U.S. financial institutions like Bear Sterns and Lehman Brothers. In addition major insurance groups like AIG and others were also put at risk and many major banks and insurance companies received massive bail outs from the U.S. Government.