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:
A. <u><em>They request a bank loan.
</em></u>
D. <u><em>They agree to sell stocks.
</em></u>
E. <u><em>They issue bonds.
</em></u>
<u><em /></u>
Explanation:
your welcome
<span>Economists measure the money supply because it's directly connected to the activity of taking place all around us in the economy world.the M1 is the narrowest definition of money. M1 consists of coins and currency, checking accounts and traveler's checks.</span>
Answer:
primary source of law, oral, and repetitive
Explanation:
In legal terms, custom and usage is a doctrine widely used in commercial law, since they are a long established practice which many courts consider unwritten laws. Laws are formal and always written, but custom and usage is not formal nor written.
Usage refers to the general repetition of a certain act, while custom refers to the rules that result from such repetitions and usage.
Youngstown Corporation is considering changing its inventory method from FIFO to LIFO. Assume that inventory prices have been increasing. All else equal, it impact would we expect the change to have on the following ratios net profit margin fixed asset turnover ratio, current ratio, and quick ratio is net profit margin.
The net profit margin or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.
Traditionally known as a center of steel production, Youngstown has been forced to adapt after the steel industry in the United States fell into decline in the 1970s, leaving communities throughout the region without any major industry. There has been a decline in population of more than 60% since 1959.
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