Answer:
$18,910.00
Explanation:
Monthly rent $1240
Extra monthly charge $160
Electricity $90
Other utilities $860 per year
Insurance $170 per year
The monthly rent per year will be
=$1240 x 12
=$14,880
Parking charges per year
=$160 x 12
=$1,920
Electricity charges per year
=$90 x 12
=$1,080
Other utilities per year
=$860
Insurance per year
=$170
The annual cost will be
=$14,880 + $1,920 + $1,080 + $860 + $170
=$18,910.00
Answer:
The answer is "68,788".
Explanation:
Net cash flow present value = immediate deposit + Annual lease payment present value
Net cash flow present value 
Answer:
B) Only statement II is correct.
- II. Has $20,000 of taxable income from Corporation Z.
Explanation:
One of the disadvantages of a C Corporation is that their owners (stockholders) are double taxed. That means that the corporation is taxed and then the stockholders are taxed depending on the dividends that they receive. In this case, Walter has $10,000 of taxable income from Corporation X (= $50,000 x 20%).
On the other hand, sole proprietorships, partnerships, limited liability companies and S Corporations are not taxed, they are pass through entities whose owners are taxed directly. In this case, Walter owns 20% of Corporation Z, therefore he must pay taxes on 20% of taxable income = $100,000 x 20% = $20,000.