The lease agreement extends for the full ten-year term, then the entire lease liability of Php 10,000,000 (Php 1,000,000 x 10 years) should be recognized as a noncurrent liability on December 31, 2020.
a. The amount that should be recognized as a current liability on December 31, 2020, depends on the terms of the lease agreement. If the lease requires Desperate Company to pay the Php 1,000,000 rental fee annually, then Joyful Company should recognize Php 1,000,000 as a current liability for the 2020 rent that has not been paid yet.
b. The amount that should be recognized as a noncurrent liability on December 31, 2020, depends on the portion of the lease agreement that extends beyond one year from the balance sheet date. Assuming that the lease agreement extends for the full ten-year term, then the entire lease liability of Php 10,000,000 (Php 1,000,000 x 10 years) should be recognized as a noncurrent liability on December 31, 2020.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUWho has the power to begin the process of raising taxes in the United States?
All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
Who is in charge of tax increases?In accordance with Article I, Section 8, Clause 1, the Congress shall have the authority to impose and collect taxes, duties, imposts, and excises in order to pay off debts, fund the nation's general welfare, and provide for the common defense. However, all duties, imposts, and excises must be applied equally across the board.
Can a state impose a tax increase?According to the Commonwealth of Australia Constitution Act of 1900, both the federal government and state governments have the authority to levy taxes. The main limitations on the federal government's ability to do so are that its taxes cannot discriminate against particular states or regions of states, and it may only levy federal taxes on excise and customs duties.
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Mary's manager has told her that if she can bring her project in on time, she will get an extra bonus of $10,000. Mary's manager is using __________ power.
Mary's manager is using reward power.Reward power is a type of influence that a person possesses based on their ability to provide rewards or incentives.
In this scenario, Mary's manager is offering her an extra bonus of $10,000 as an incentive to complete her project on time. By using reward power, the manager is motivating Mary and influencing her behavior by offering a desirable outcome. The promise of a bonus serves as a form of reward that can increase Mary's motivation and commitment to meet the project deadline. Reward power is often effective in motivating employees and encouraging desired behaviors, as individuals are motivated by the potential for positive outcomes or rewards. In this case, the manager is leveraging reward power to encourage Mary's performance and meet the project goals.
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How long does a speeding ticket affect your insurance?.
Answer:
well I think it's about 5 years
You live in Atlanta, GA and work for a company that has multiple locations
nationwide. The owner of the company tells you on a Friday that you need to
compile and present some information to the San Francisco, CA office on Monday.What would be the most economical and responsible thing for you to do?
(A)Hop on a plane Friday night and fly to San Francisco so you can have time to
explore the city and share the information with their office on Monday morning.
(B)Create an online presentation that can be shared with the members of the SanFrancisco office and present your finding to them remotely.
(C)Collaborate with your peers in the Atlanta office all weekend, and then take the
red eye
flight to San Francisco on Sunday night in order to be there to present your
findings on Mondayimorning.
(D)Share the Excel spreadsheet with the team leader in San Francisco and tell him
to make the presentation for you
Answer:
(B)Create an online presentation that can be shared with the members of the San Francisco office and present your finding to them remotely.
Explanation:
Preparing an online presentation for the meeting is the sensible thing to do in this situation due to the following reasons.
It is cost-effective: Traveling from Atlanta to San Francisco will involve the use of funds for air tickets, meals, and accommodation. This is costly, especially if not budgeted. An online presentation will not require such expenditure. It saves time: An online presentation does not require physical traveling, which is time-consuming. Instead of spending time traveling, it is wise to use it in researching and preparing a quality presentation.Advancement in technology is making it possible for people to hold online meetings. It possible to have interactive sessions where participants can ask questions and get instant answers via online meetings. The use of technology eliminates the need to travel for this presentation.In 2019, McKenzie purchased qualifying equipment for his business that cost $212,000. The taxable income of the business for the year is $5,600 before consideration of any Section 179 deduction.
a. Calculate McKenzie’s Section 179 expense deduction for 2019 and any carryover to 2020.
b. How would your answer change if McKenzie decided to use additional first-year (bonus) depreciation on the equipment instead of using Section 179 expensing?
Answer:
A) The cost reduction for 2019 is $5,600. His accumulation to 2020 from Sec 179 is $206,400.
B) The allowance for spending is $0 for 2019. His accumulation to 2020 with Sec 179 is $0.0.
Explanation:
1) As per sections 179, a total of $212,000 is available for deduction, but the payment is related to taxable investment income as a restriction. Company revenue here is $5,600. Exemption is then decreased to $5,600 and holdover to nest year without $206,400 is the residual expense.
2) When we seek extra first-year expense, regardless of taxable business profits, we will claim the entire equipment costs as a deductible. So, Section 179 is going to be Zero and there's no reason to roll on to next term because in the first last year we were claiming maximum costs.
A variable can be called or referenced before it has been defined.
O True
O False
Answer:
True.
Explanation:
Which figure (amount) should be larger?
A. Expenses
B. income
C. Extras
D. Needs
does it ever make sense to buy a bond that pays a negative interest rate, as the inflation-protected bond does?
Answer:sorry i just really need points
Explanation:
ATP is a vehicle manufacturing company which purchases most of the component from suppliers all around the globe. To minimize inventory costs, management decided to use Economic Order Quantity to control its inventory level. KWP is ATP’s long-term supplier for tire, and they have agreed to strict delivery time and quality requirement. Based on the 202X budget, the following information was collected from production:1. Based on pre-order, ATP requires 5250 units of tire each month for the first 4 months of the year and 3625 units of tires each month for the remainder of the year. 2. The carrying cost per unit is R2 per year. 3. The cost per order is R1,000.
Economic Order Quantity is 7071 units to control its inventory level. The following variables are necessary to determine the economic order quantity: demand rate, setup costs, and holding costs.
What are EOQ and its formula?The following is the EOQ formula. EOQ equals the square root of [(2 times demand times ordering cost)/carrying charge]. Demand. The EOQ's assumptions state that the demand is unchanged. The measure of demand is how much inventory is used annually or how many units are sold annually.
Given,
Annual Requirement = 50,000 ( 5250 x 4 + 3625 x 8)
Carrying cost = 2 per year
Order cost = 1000 per order
Required to calculate EOQ =?
EOQ = square root of [(2 times demand times ordering cost)/carrying charge]
EOQ = √ 2 x 50000 x 1000/2
EOQ = √50,000,000
EOQ = 7071 units
Thus, the EOQ is 7071 units. Economic order quantity is crucial since it aids businesses in effectively managing their inventories. Without these inventory management strategies, businesses will frequently store excess inventory during times of low demand while holding insufficient inventory during times of strong demand. Missed opportunities result from either issue.
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Using the answers from parts (a), (b), and (d), calculate the expected return and standard deviation of a portfolio consisting of equal parts of
(1) the S&P and Russell 2000 and
(2) the S&P and the Nikkei.
Discuss the two portfolios
1. S&P and Russell 2000:
Expected Return: 11.75%
Standard Deviation: 14.14%
2. S&P and Nikkei:
Expected Return: 10.75%
Standard Deviation: 14.14%
1. S&P and Russell 2000 are split equally in the portfolio, which has an anticipated return of 11.75% and a standard deviation of 14.14%.
The high correlation between the two indexes, which results in a higher level of diversity and reduced risk, is the cause of the portfolio's higher predicted return.
2. The predicted return and standard deviation for the portfolio with equal weights of S&P and Nikkei are 10.75% and 14.14%, respectively.
Because there is no connection between the two indexes, there is less diversification in this portfolio, which increases risk. As a result, the expected return is lower.
Compared to the second portfolio, which has a lower expected return and higher risk, the first portfolio has a higher expected return and a lower overall risk.
As a result, investors seeking larger returns at lower risk ought to invest in the first portfolio, while those seeking lower returns at more risk ought to do so in the second.
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During which process group does the project manager orient team members to the project and expectations
Execution process organization does the undertaking manager orient crew members to the undertaking and expectancies
The executing system refers to any particular point for the duration of the pastime or task as an entire wherein the act of executing takes location, and the predetermined approaches of getting to that factor of accomplishing this action efficiently.
Execution is the phase within the challenge life cycle when the work is performed, and the entirety of the mission plan is positioned into movement. venture Execution is the segment inside the venture lifestyles cycle when the painting is achieved, and the whole lot inside the task plan is put into motion.
On the day of an execution, prison staff check a closed circuit television system and audio device, used to broadcast the execution to witnesses in the prison. other prison bodies of workers visit what's described as "relaxed storage" to retrieve the LICs or deadly injection chemicals.
There are five methods of execution within the united states of America: deadly injection, electrocution, lethal gasoline, hanging, and firing squad.
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AP 9-10 (Gifts and Income Attribution) Ms. Vicky Vaughn is a very successful attorney with an income of over $500,000 per year. She is married to Mr. Jonathan Flex, a former Mr. Canada. Mr. Flex has no net income. She and Mr. Flex have two children. Their daughter, Sheila, is 27 years of age, while their son, Biff, is 15 years of age. To date, Ms. Vaughn has not gifted or sold property to either her spouse or her children. At the end of the current year, Ms. Vaughn owns the following properties: Shares of TD Bank Ms. Vaughn owns 10,000 shares with a current FMV of $700,000. The ACB for these shares is $550,000. Vaughn Enterprises Ltd. Ms. Vaughn owns all of the shares of this Canadian controlled private corporation. The ACB is $475,000. A business equity valuator has concluded that the shares are currently worth $1,200,000. Vaughn Enterprises is not a qualified small business corporation for purposes of the lifetime capital gains deduction. Rental Property Ms. Vaughn owns a 22-unit apartment building with a current FMV of $2,400,000. It is estimated that $400,000 of this value is attributable to the land with the remaining $2,000,000 attributable to the building. Ms. Vaughn purchased the rental property several years ago at a cost of $1,500,000, with $300,000 of this value attributable to the land and $1,200,000 to the building. As of January 1 of the current year, the UCC of this class 1 building is $960,000. Farm Land Ms. Vaughn owns farm land that cost $800,000 and has a current FMV of $1,200,000. Sheila uses the farm land on a full-time basis to grow certified organic vegetables. As Ms. Vaughn's income is more than sufficient for her needs, she is considering giving some or all of the properties to her spouse and/or her two children. Required: You have been hired as an income tax consultant to Ms. Vaughn. She would like a eport that would detail, for each of the four properties, the income tax consequences to her of jifting the properties to her husband or to either one of her children. In determining the income ax consequences, ignore the possibility that the tax on split income (TOSI) may apply. Us. Vaughn does not elect to avoid the ITA 73(1) rollover if the gifts are made to her spouse. In ddition, assume that the recipient of the rental property does not claim any CCA prior to the subequent sale of the property. our report should include: - the income tax consequences to Ms. Vaughn at the time of the gift; - the income tax attributes (ACB, capital cost, deemed CCA, and UCC) of the properties to the recipient of the gift:
Ms. Vicky Vaughn is a very successful attorney with an income of over $500,000 per year. She is married to Mr. Jonathan Flex, a former Mr.
Canada. Mr. Flex has no net income. She and Mr. Flex have two children. Their daughter, Sheila, is 27 years of age, while their son, Biff, is 15 years of age. At the end of the current year, Ms. Vaughn owns the following properties:Shares of TD Bank Ms. Vaughn owns 10,000 shares with a current FMV of $700,000. The ACB for these shares is $550,000.Vaughn Enterprises Ltd.
Ms. Vaughn owns all of the shares of this Canadian controlled private corporation. The ACB is $475,000. A business equity valuator has concluded that the shares are currently worth $1,200,000. Vaughn Enterprises is not a qualified small business corporation for purposes of the lifetime capital gains deduction.
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What are the 2 purposes of a checking account?.
A checking account assists you in managing your daily money by allowing you to make payments, receive direct deposits of your paycheck, and get cash from an ATM.
There were many different types of bank accounts, however they can be divided into two categories: personal as well as business.
A checking account allows you to pay bills, move funds to savings, withdraw cash from ATMs, and are using your debit card to make purchases. Ones checking account would be an important aspect of your personal financial management. That is why it is critical to pick a checking account having beneficial features as well as no fees which deplete their balance.
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An increase in demand (given a typical upward sloping supply curve) for a product (increases/decreases) the equilibrium price, and (increases/decreases) the equilibrium quantity.
With a standard upward sloping supply curve, a rise in demand for a commodity will affect both the equilibrium price and quantity. escalates, escalates A guy has been discharged
What does the word "price" mean?The price is the amount of money (often not a negative number) that one party offers to another in exchange with one unit of products or services. In some circumstances, the manufacturing cost is referred to by a different term. The price of a thing will probably be referred to as "price" if it is a "good" in a commercial exchange.
What is the name of the item's price?
When referring to retailers who designate a finite number of price points, the cost of an item is also referred to as its "price point." One such "five and dime" or general store is Dollar General, which exclusively puts pricing points at even numbers, such as precisely one, two, four, five, or 10 dollars (among others).
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types of waves that can be plane polarized
Identity theft and financial fraud
have declined in recent years.
TRUE,
FALSE
Answer:
false
Explanation:
I hate the us school system and how the pull out bs subjective questions like this, what year is it, what country, time period, stuff like that helps and big schools dont give us it
Answer:
false
Explanation:
hope it helps thank you
Shane is trying to become better active reader. He has spread his reading assignments over the course of a few days, reads when he is most alert, and only reads in place where he can concentrate. What else can he do to be a better active reader?
Answer: Annotate the text
Explanation:
The options include:
Rewrite what he reads.
Annotate the text.
Try to visualize the text in his head.
Read more pages per day.
Based in the information given, another thing that Shane can do to be a better active reader is for him to annotate the text.
Annotating the text simply means that he can highlight the texts or underlining the key information in the text. He can also write few notes by the margins to help him understand what he's reading better.
He common stock of mill stones has a beta of 1.08. currently, the market risk premium is 7.65 percent while the u.s. treasury bill is yielding 4.3 percent. what is the cost of equity for this firm?
The cost of equity for this firm is 12.56%.
Equity represents the price that could be lower back to an organization's shareholders if all of the property has been liquidated and all the organization's debts had been paid off. We also can consider fairness as a diploma of residual possession in a company or asset after subtracting all debts related to that asset. Equity is the ownership of any asset after any liabilities associated with the asset are cleared.
Computation of cost of equity:-
Beta = 1.08
The market risk premium = 7.65 %
Cost of equity = Risk-free rate + Beta * Market risk premium
= 4.3% + 1.08 * 7.65%
= 12.562% or 12.56%
Hence, the cost of equity for this firm is 12.56%.
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how old do you have to be to work at lululemon
Answer:
The minium age requirement to work there is 18
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
By law, manufacturers and distributors are responsible for providing Safety Data Sheets.
Who else is responsible for providing Safety Data Sheets?
Select the best option.
O
O
Managers
Workers
Importers
Employers
Managers are responsible for providing Safety Data Sheets.
According to the Hazard Communication Standard (HCS) (29 CFR 1910.1200(g)), which was updated in 2012, the chemical manufacturer, distributor, or importer must give downstream users Safety Data Sheets (SDSs) (previously known as Material Safety Data Sheets or MSDSs) for each hazardous chemical in order to inform them of the hazards.
The SDS and MSDS both include virtually the same information, but today the SDSs must be presented in a standardized, user-friendly, 16-section format. This guideline helps workers who handle dangerous chemicals become accustomed to the format and comprehend the SDSs' contents.
The SDS contains details about the physical, physiological, and environmental dangers of each chemical, as well as information about how to handle, store, and transport each chemical safely.
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Please answer this question...
Did you eat today? if you haven't please find something to eat and take care of yourself :)
Answer: yes! Aww thanks, you too :))
Explanation: have a great day!!
Answer:yes i did thank you for caringgggggggggg have a good day^.^
Explanation:
quuizlet the effective interest rate method of amortization provides for a ____ rate of interest over the life of the bonds
The effective interest rate method of amortization provides for a constant rate of interest over the life of the bonds.
This method calculates interest expense based on the book value of the bond liability and the effective interest rate, which is the rate required to discount the bond's future cash flows to their present value. By using a constant effective interest rate, the interest expense is spread evenly over the life of the bonds, resulting in a constant rate of interest.
As interest payments are made, the carrying value of the bond is reduced, and the interest expense is adjusted to reflect the lower carrying value. By using a constant effective interest rate, the interest expense is spread evenly over the life of the bond, resulting in a constant rate of interest.
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What is inflation?
Movement, whether upward or downward, of economic activity
Monetary value of final goods and services produced within a country for a specific time period.
The rate at which the price level of goods and services rises.
A measurement used by economics to measures average prices of a market basket of consumer goods and services.
marco newest client believes ads would be the ideal platform for his services, but he's worried that his business can't afford to compete. what can marco explain about ads to ease his client's concerns?
Marco can explain that ads will provide a platform for the business to reach all the consumers.
After setting of a business there is a need to advertise the business so that more and more people come to know about the business. Marco' s client feels like his business will not be able to compete. Marco can explain to him that by using the ad platform they can increase their reach to all sections of people. Also the ad platforms provides services on a low budget and the services are well reached to people. Along with this they provide call facility so that the people can call the concerned person regarding any query of the products of business. they provide all the details of the business products to the consumers and prove to be beneficial.
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Storm windows company understated their ending inventory during their first year of operations by $2,000. What is the effect of this error at the end of the year? select all answers which apply.
The effect of this error at the end of the year is:Understatement of net income $2000 and Overstatement of costs of goods sold $2000.
Effect of this error at the end of the yearSince the company understated their ending inventory during their first year by the amount of $2,000. The effect of the ending inventory that was understated will be:
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Describe how the Management, Entrepreneurship, & Technology Program in Engineering and Business at UC Berkeley will help you to achieve your goals. Share with us the world you come from (for example, your family, school, community, city, or town). What unique experiences from your world motivated you to apply to our program?
M.E.T. is a program designed for students who desire to work at the crossroads of engineering and business. It is a chance to get two Bachelors of Science degrees.
What is M.E.T.?M.E.T. is for those who want to tackle huge issues and have a solid foundation in math, physics, and the liberal arts. M.E.T. tests your intellectual curiosity as well as your can-do attitude. It is probably previously participated in honors college and advanced placement courses.
It makes the student understand what it takes to fight hard and succeed. M.E.T. takes it a step further by allowing you to put your skills to the test in real-world scenarios.
M.E.T. is a collection of incredibly hardworking and ambitious individuals that have joined forces with an outstanding business network. An individual wants to make something or join a business, and one of the things that drew me to the program was the opportunity to meet and learn from all of these outstanding entrepreneurs who have done precisely what an individual wants to accomplish.
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What is the definition of hangry my friend keeps saying it but i dont understand
Answer:
hangry is when you feel hungry and angry at the same time
Explanation:
basically, your angry because of the fact that your hungry
When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?
Answer: False
Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.