Answer:
$13,200 per year
Explanation:
Amount incurred to improve the office space = $
Improvement expected to yield benefit = 10 years
Remaining life on it's lease = 8 years
Since the office space is not going to remain with Phoenix after the lease period, it means that the improvement expenses will be expensed over the remaining lease period I.e 8 years.
Therefore, the amount of expense that should be recorded the first year related to improvements can be calculated as;
= Amount incurred to improve the office space ÷ remaining life on its lease
= $105,600 ÷ 8
= $13,200 per year
Answer:
See below
Explanation:
Clayborn Corporation
Determination of free cash flow
Free cash flow = Net cash provided by operating activities - Capital expenditure - Cash dividends paid
Free cash flow = $118,800 - $96,300 - $30,200
Free cash flow = -$7,700
Therefore, Clayborn corporation's free cash flow is -$7,700
Your answer would be A: Budget.
Maybe on a balance sheet, to keep track of everything monthly
Answer:
Sociological School of jurisprudence.
Explanation:
The Sociological School of Jurisprudence believes that both laws and societies are closely related to each other. It states that laws are social phenomenons, therefore they evolve as societies evolve. Laws have a major impact on how societies function, but the laws themselves originate from societies' needs.
For example, less than 100 years ago homosexuality was illegal in most of the world and homosexuals would be punished with jail time or even killed in some countries. Now western societies (North and South America, most of Europe and Australia + NZ) have changed and accept homosexuality as something normal. But there still exist societies where homosexuals are criminals and are still sent to jail or killed.
