It's C because 1-.15 is .85 then 1/.85 rounds to 1.18
Answer:
$915,000
Explanation:
Because half of the depreciation expense, and the expense on bonuses has already been reported by June 30,2021 (the half of the year), only hafl of the total money spent on the two items will have to be reported for the interim income statement ended on December 31, 2021:
$591,000 / 2 = $295,500
$1,240,000 / 2 = $620,000
Now, we simply add up these two figures:
$295,500 + $620,000 = $915,000
Answer:
<u>Therefore, the lease liability is $533,600 and the current liability is $46,640.
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Explanation:
Answer: True
Explanation: This quiz question explains the relationship between income and demand.
