Based on accounting principles, the correct amount for total lease expense in 2019 is<u> $17,000.</u>
<h3>Why is this the correct amount?</h3>
Accounting principles state that lease payments must be recorded as an equal amount over the years of the lease.
The total lease payment is:
= 20,000 + 18,000 + 16,000 + 14,000
= $68,000
Annual payment is:
= 68,000 / 4
= $17,000
Find out more on lease payments at brainly.com/question/5563107.
Answer:
Total value (5,400)
Explanation:
10,000,000 rupees
option to sale ruppes at $2.30
2.3
The spot rate was 2.80
Option Premium:
10,000,000 / 100 x 0.004 = 400
Stop difference:
(2.80 - 2.30) x 10,000,000 / 100 = 5,000
Total value (5,400)
Answer:
cumulative.
Explanation:
Cumulative preferred stock is defined as a type of stock that states that if any dividend payments have been missed the first payment of the owed dividends must be done to cumulative preferred shareholders in first instance
If you are given a point and the slope, use the point-slope formula.
m = 2/3
(x₁, y₁) = (-6, 3)
y - y₁ = m(x - x₁)
y - 3 = 2/3(x + 6)
y - 3 = 2/3x + 12/3
y - 3 = 2/3x + 4
y = 2/3x + 1
The equation of the line is y = 2/3x + 1.
We are given the series of chemical reactions:
Ethane is chlorinated in a continuous reactor:
C2H6 + Cl2 --> C2H5Cl + HCl
But some of the product monochloroethane becomes further
chlorinated by an undesired side reaction:
C2H5Cl + Cl2 --> C2H4Cl2 + HCl
So to avoid the product monochloroethane to be further
chlorinated, there must be fast processing or fast conversion of ethane so that
there would less time for further chlorination. Hence we must design the
reactor for high conversion of ethane.
To make the process economical, there must be a
downstream separation step that would separate the main product monochloroethane
from the undesired product dichloroethane.
