Answer:
$66,000
Explanation:
The $60,000 paid as last month's rent will be reported as an asset, prepaid rent, and the deposit of $80,000 will be reported as an asset, deposits. The new walls and offices costing $360,000 will be capitalized as leasehold improvements and amortized over the 5-year term of the lease. Amortization will be $72,000 per year or $6,000 per month. As a result, Tell will report expenses in 20X0 of $60,000 in rent and $6,000 in amortization for a total of $66,000.
Answer and Explanation:
For Home Improvement Store (Acme) following are the implicit modelling assumptions or other qualitative factors which are relevant but not covered by the model:
1)Average customer footfall is considered at all times.
2)Seasonal effects are not considered. For example, boost in sales during festival times.
3)Employee absenteeism is not considered. i.e. all employees are expected to be present always.
4)Location is not considered to affect the change in scheduling activity.
5)Wages are considered to be uniform throughout and not affect employee performance.
Answer:
$23,602
Explanation:
For computing the estimated total fixed cost, first we have to determine the variable cost per unit which is shown below:
Variable cost per unit = (High cost of sales - low cost of sales) ÷ (High units sold - low units sold)
= ($59,000 - $29,400) ÷ (2,200 units - 360 units)
= $29,600 ÷ 1,840 units
= $16,09
And, the fixed cost equal to
= High cost of sales - (High units sold × Variable cost per unit)
= $59,000 - (2,200 units × $16.09)
= $59,000 - $35,398
= $23,602
I would need to be able to watch the video to help you I’m sorry
Answer:
Regency Bank
A = $98577.46
king Bank
A = $81832.68
Explanation:
Given Data:
principle amount =$ 5000
rate of interest = 15%
n =12 {compounded months}
t = 20 year
for Regency Bank
investment amount obtained as
![A =P\times [1 + \frac{r}{n}]^{nt}](https://tex.z-dn.net/?f=A%20%3DP%5Ctimes%20%5B1%20%2B%20%5Cfrac%7Br%7D%7Bn%7D%5D%5E%7Bnt%7D)
![A = 5000 [1 + \frac{0.15}{12}]^{12\times 20}](https://tex.z-dn.net/?f=A%20%3D%205000%20%5B1%20%2B%20%5Cfrac%7B0.15%7D%7B12%7D%5D%5E%7B12%5Ctimes%2020%7D)
A = $98577.46
for King Bank
Investment amount obtained as
Here n = 1
![A = 5000 [1 + \frac{0.15}{1}]^{1\times 20}](https://tex.z-dn.net/?f=A%20%3D%205000%20%5B1%20%2B%20%5Cfrac%7B0.15%7D%7B1%7D%5D%5E%7B1%5Ctimes%2020%7D)
A = $81832.68
