If an American buys a pair of shoes manufactured in Italy, Net exports fall, while GDP is unchanged.
Exports are products and services that are produced in one nation and sold to customers in another. International trade is made up of imports and exports. Selling products and services to another country from one's own country is known as exporting. Purchasing goods from abroad and bringing them into your own country is referred to as importing. The market value of all the finished goods and services that nations produce and sell in a given time period is measured in dollars by their gross domestic product (GDP). This measurement is frequently revised before being regarded as a reliable indicator due to its subjective and complicated nature. Gross domestic product, or GDP, is what it stands for. It is frequently cited in newspapers, on television news, and in government reports.
Learn more about GDP here :
https://brainly.com/question/15682765
#SPJ4
Sport management and marketing agencies perform functions for industry stakeholder groups defined as.
Sport management and marketing agencies perform functions for industry stakeholder groups defined as Clients
What are Clients?Generally, a person or organization employs the services of a lawyer or any other person or entity working in the legal or professional field.
In conclusion, A firm that performs on behalf of a sport-related stakeholder, who is more generally referred to as a client, is what is known as a sports management and marketing agency.
Talented individuals, business brands, assets, and media corporations make up the four most important categories of stakeholders.
Read more about Clients
https://brainly.com/question/28162297
#SPJ1
What approach do businesses use to examine the whole chain of activities that contributes to the production of their product?.
Businesses use value chain analysis to examine the whole chain of activities that contributes to the production of their product.
An extensive investigation of every action a company performs, from sourcing raw materials through producing, distributing, and selling its goods or services, is known as a value chain analysis. This analysis provides business owners and managers with in-depth knowledge of the key profit and expense centres inside their organisation.
According to Strategic Management Insight, there are two methods for value chain analysis: cost and differentiation advantage.
To know more about value chain analysis refer to:
https://brainly.com/question/1380316
#SPJ4
if the ltl rate is $10.00/cwt. with a 10m minimum and the truckload rate is $4.00/cwt. with a 40m minimum, how much will it cost to ship 38,500 lbs.?
An LTL Rate Quote is an estimated quantity of fees that end result from transferring an LTL cargo from starting place to destination.
Calculated based totally on facts shipper provides, such as: Origin / Destination Zip. Dimensions of Shipment. Weight of Shipment.
How do I rate a LTL shipment?Traditionally, LTL shipments are rated in accordance to tariffs. Carriers usually submit tariffs – also regarded as price bases – on an annual basis. A tariff is a price matrix that defines hundred weight (CWT) fees for all instructions and weights for all zip code combinations.
Since LTL shipments are smaller and leave room for different shipments, they are more cost effective due to the fact you will solely pay for the area that you use. FTL shipments use most of the complete truck and fee extra because you are paying for more space in the truck.
Learn more about LTL shipment here:
https://brainly.com/question/15993287#SPJ4brutus co. exists in a world with taxes, but otherwise, capital markets are perfect. brutus co's debt cost of capital is 6%, its equity cost of capital is 11%, its weighted average cost of capital is 5.8% and its tax rate is 25%. what's brutus co's leverage ratio? group of answer choices 40% 80% 20% 60%
Brutus co's leverage ratio is 40%
What leverage ratio?The weighted average cost of capital (WACC), which includes common stock, preferred stock, bonds, and other types of debt, is the average after-tax cost of capital for a company. The WACC is the typical interest rate that a business anticipates paying to finance its assets.The rate that a business is anticipated to charge on average to all of the holders of its securities in order to fund itsCost of capital is 6%, its equity cost of capital is 11%, its weighted average cost of capital is 5.8% and its tax rate is 25%.
WACC = (5.8% x 25%) + (5.8% x 11% x 6%)
WACC = 3.973
WACC = 40%
Brutus co's leverage ratio is 40%
To learn more about WACC refer to:
https://brainly.com/question/25566972
#SPJ4
question content area after the accounts are adjusted and closed at the end of the fiscal year, accounts receivable has a balance of $340,000 and allowance for doubtful accounts has a balance of $51,000. what is the net realizable value of the accounts receivable? a.$51,000 b.$289,000 c.$340,000 d.$391,000
The net realizable value of the accounts receivable $289,000.
What is value?
Value in norms and ethical sciences refers to the degree of significance of something or an action, with the intention of deciding which actions or lifestyles are best to adopt or describing the significance of various actions. Value systems are prospective as well as prescriptive beliefs that influence a person's ethical behaviour or serve as the foundation for their deliberate actions. Frequently, primary values are solid as well as secondary values are adaptable. The ethical values of a things an action increases, decreases, or changes can also influence how valuable it is. An "ethic as well as philosophic good" is a thing with "ethical value" (noun sense). Values are broad preferences for the right actions to take or results to achieve.
Accounts receivable's net realisable value is equal to 340000-51000= $289,000.
To learn more about value
https://brainly.com/question/25528419
#SPJ4
Suppose in 2020, you purchase a house built in 2014. Which of the following would be included in the gross domestic product for 2020 ? A. the value of the house in 2020 B. the value of the services of the real estate agent C. the value of the house in 2020 minus depreciation D. the value of the house in 2014
The calculation of a country's GDP encompasses all personal and public consumption, authorities outlays, investments, additions to non-public inventories, paid-in development costs, and the overseas balance of trade. (Exports are delivered to the cost and imports are subtracted).
What is an example of gross domestic product?If, for example, Country B produced in one year 5 bananas each worth $1 and 5 backrubs each really worth $6, then the GDP would be $35. If in the next yr the charge of bananas jumps to $2 and the portions produced stay the same, then the GDP of Country B would be $40.
Only items and services produced domestically are blanketed inside the GDP. Only newly produced goods - including those that enlarge inventories - are counted in GDP. Sales of used items and sales from inventories of goods that have been produced in previous years are excluded
Learn more about gross domestic product here:
https://brainly.com/question/13511171#SPJ4________ are achieved when the average unit cost of a good or service decreases as the capacity and/or volume of throughput increases.
Diseconomies scale take place when the common unit value of the desirable or provider begins to enlarge as the capacity and/or volume of throughput increases.
What reasons diseconomies scale?Diseconomies of scale may also end result from numerous factors, such as verbal exchange breakdown, lack of motivation, lack of coordination, and loss of center of attention by means of the management and employees.
What do you imply by using diseconomies?In economics, the term diseconomies of scale describes the phenomenon that occurs when a firm experiences growing marginal prices per additional unit of output. It is the contrary of economies of scale.
Learn more about diseconomies scale here:
https://brainly.com/question/780900#SPJ4imf data suggests that developing countries are most likely to blank______.
IMF data suggests that developing countries are most likely to be low-income countries.
With its headquarters in Washington, D.C., the International Monetary Fund (IMF) is a significant United Nations financial agency and an international financial organization with 190 member nations. The organization's declared goals are to "seek to foster global monetary cooperation, secure financial stability, enable international trade, promote high employment and sustainable economic growth, and eliminate poverty around the world."
It was established in 1944, and kicked off on December 27, 1945, at the Bretton Woods Conference, chiefly by the theories of Harry Dexter White and John Maynard Keynes. It officially came into existence in 1945 with 29 member nations and the objective of remaking the global monetary system. It now occupies a key position in the control of problems with the balance of payments and global financial crises.
To learn more about IMF visit here:
Brainly.com/question/14690670
#SPJ4
which of the following does describe a forward contract? group of answer choices traded competitively on organized exchanges. traded by bank dealers via a network of telephones and computerized dealing systems. standardized amount of the underlying asset. standardized deliver dates.
Traded by bank dealers via a network of telephones and computerized dealing systems describes a forward contract.
A forward contract is a tailored agreement between two parties to buy or sell an asset at a predetermined price on a future date. A forward contract can be used for hedging or speculation, but due to its non-standardized nature, it is best suited for hedging.
A forward contract is a customizable derivative contract between two parties to buy or sell an asset on a future date at a specified price. They can be customized to include a particular commodity, amount, and delivery date.
They are considered over-the-counter (OTC) instruments because they are not traded on a centralized exchange.
Forward contracts, for example, can help agricultural producers and users hedge against changes in an underlying asset or commodity price.
Financial institutions that initiate forward contracts face a higher level of settlement and default risk than contracts marked to market regularly
For more information on Forward Contract, visit :
https://brainly.com/question/29240253
#SPJ4.
which of the following types of donations would be deductible as charitable contributions? (check all that apply) multiple select question. checks made payable to (and as a donation to) the boy scouts of america volunteering 4 hours (personal services) at a local goodwill store
Donations would be deductible as charitable contributions check made payable to (and as a donation to) The Boy Scouts of America Land donated to a state university Cash donated to United Way.
A donor is someone who donates money or goods to a charity. It can also refer to someone who donates blood or body parts to help the sick or injured. An anonymous donor donated her $1 million. Living donors make up nearly half of all organ donors.
"Donate" gives the impression that you only want (or need) money. Naming your cause or campaign after words like "support" or "partner" can greatly increase donations as it invites people into the relationship.
Learn more about Cash donated https://brainly.com/question/24528660
#SPJ4
the term______efers to testing how a problem solution reacts to changes in one or more of the model parameters.
The term sensitivity analysis efers to testing how a problem solution reacts to changes in one or more of the model parameters.
What is sensitivity analysis explain?
Sensitivity analysis is a technique used in financial modeling to examine how various values of a group of independent variables affect a certain dependent variable under particular circumstances.
Which of the two sensitivity analysis types are they?
To analyze sensitivity, there are primarily two methods: Analysis of local sensitivity. Analysis of global sensitivity
What does data analytics' sensitivity analysis entail?
Sensitivity analysis is the scientific process of figuring out how much a system varies in response to a particular range of input. Sensitivity analysis has been used with a variety of analytical models, particularly to decompose output variance.Learn more about sensitivity analysis
brainly.com/question/13266122
#SPJ4
Dell and Telum are in a franchise agreement. They have a dispute as to their franchise agreement. Which of the following law(s) relates specifically to franchises?
A.
civil law
B.
the UCC and contract law
C.
constitutional law
D.
agency law
E.
corporate or partnership laws
The UCC and contract law are important to the dispute over their franchise agreement when Dell and Telum are parties to a franchise agreement.
What exactly is contract law?The area of law that deals with creating and upholding agreements is known as contract law. An agreement that can be enforced by a court is referred to as a contract. The branch of law known as contract law is responsible for regulating the formation of contracts, their execution, and the creation of just remedies in the event of a breach. Contract law is utilized by everyone who conducts business. Contracts are used by both businesses and customers when they buy and sell things, when they license goods or services, for employment agreements, for insurance agreements, and more.
To know more about contract law visit:
https://brainly.com/question/14316157
#SPJ4
kitchen aid produces and sells kitchenware. last year it produced 7000 can openers and sold each one for 6$. to produce the 7000 can openers the companies total costs are 45000. if kitchen aid average fix costs are 2.25 how much are its average variable costs? round your answer to decimal places
The average variable costs of each kitchen aid for producing 7,000 kitchenware is 29,250.
Define the term average variable costs?An expense that fluctuates in relation to total production or sales is referred to as a variable cost. Variable costs rise in response to rising production or sales, and fall in response to falling output or sales. A production expense known as a variable cost can go up or down in response to shifts in a corporation's manufacturing activities.For the given question,
Total cost of producing kitchen aid = $45,000.
kitchen aid average fix costs for each = $2.25.
Total number of kitchen ware produced = 7,000.
Total fixed cost = 7,000×2.25
Total fixed cost = 15,750.
Average variable costs = Total cost - Total fixed cost
Average variable costs = $45,000 - 15,750
Average variable costs = 29,250.
Thus, the average variable costs for the production of the kitchen aid products is 29,250.
To know more about the variable costs, here
https://brainly.com/question/28013522
#SPJ4
a monopolistically competitive market question 22 options: has some features of monopoly and some features of competition. has one large, dominant firm and many other smaller firms. is difficult to enter. occurs whenever firms earn zero economic profit.
option c-both a monopoly and a competitive firm.
According to Irving Fisher, a monopoly is a market with "no competition," making a singular individual or company the only supplier of a specific good or service. This contrasts with oligopoly and duopoly, examples of markets dominated by a small number of vendors, and monopsony, which refers to a single entity's ownership of a call to purchase an item or service. Therefore, the absence of economic rivalry to manufacture the commodity or service, the absence of effective substitutes, and the potential for a high monopoly price substantially above the seller's marginal cost that results in a high monopoly profit are the characteristics of monopolies. The way a business makes money is described by the verb monopolize.
Learn more about monopoly here:
https://brainly.com/question/2288466
#SPJ4
which are rights of common stockholders? check all that apply: the right to receive regular dividends the right to vote on major decisions at the annual general meeting the right to a share of dividends paid the right to vote for members of the board of directors
The rights of common stockholders are the right to receive regular dividends, the right to vote on major decisions at the annual general meeting, the right to a share of dividends paid, the right to vote for members of the board of directors
A common shareholder is someone who has acquired at least one common share of a corporation. Common shareholders have the right to vote on corporate matters and declared common dividends. Common shareholders are paid out last in a bankruptcy, after preferred shareholders and debt holders. Common stock is a type of investment that represents ownership in an organization. Owners of common stock elect the board of directors and vote on business policies. This kind of stock ownership frequently offers better long-term rates of return. Common shareholders have six rights: the right to vote, ownership, the right to transfer ownership, dividends, the right to see company records, and the right to assert legal claims for misconduct.
To learn more about stockholders: https://brainly.com/question/15532995
#SPJ4
What is Cyber Monday and why is it important?
Cyber Monday origins in the United States but now following in other countries also.
It is an e-commerce term which refers to the Monday following the Thanksgiving weekend.
It is the biggest day for the online sales and known for second biggest shopping day.
Cyber Mondays falls for another four days after thanksgiving.
It was created to encourage the people for shopping online.
Consumers prefer cyber monday for various reasons such as they do not wat to waste family time for just waiting in the long lines for shopping on Black friday.
The another reason was , on this day the shipping was provided free to the consumers.
It has now become the International market term.
To know more about Cyber Monday:
https://brainly.com/question/22880145
#SPJ1
https://www.g.economists claim that a resale price maintenance agreement is not anti-competitive because question 15 options: retail cartel agreements cannot increase retail profits. if a supplier has market power, it will be likely to exert that power through wholesale price rather than retail price. retail markets are inherently noncompetitive. suppliers are never able to exercise noncompetitive market power.
Resale price protection (RPM) specifies the closing fee that retailers charge consumers. This roundtable centered on the use of RPM for books, newspapers and similar cultural products.
Why is resale charge renovation important?RPM is a contractual arrangement between a producer and distributor or wholesaler or any different celebration in the furnish chain whereby the manufacturer imposes a resale rate at which the distributor is required to sell the product. This helps the manufacturer hold a uniform price throughout end-customers.
Second, RPM may enlarge resellers' investment incentives through growing their capacity to fabulous value. This may be specifically relevant when upfront retailer funding is required - once more growing inter-brand competition.
Learn more about resale price maintenance here:
https://brainly.com/question/29410866#SPJ4he black limo company (blc) purchased a limo on january 1 of year 1 at a cost of $48,000. the limo had a $8,000 salvage value. blc expected to drive the limo for 100,000 miles before disposing of it. actual miles driven per year were as follows: 30,000 in year 1, 40,000 in year 2, 20,000 in year 3, and 25,000 in year 4. based on this information, depreciation expense for year 4 was
The black limo company (BLC) purchased a limo on January 1 of year 1 at a cost of $48,000. the limo had a $8,000 salvage value. BLC expected to drive the limo for 100,000 miles before disposing of it. actual miles driven per year were as follows: 30,000 in year 1, 40,000 in year 2, 20,000 in year 3, and 25,000 in year 4. based on this information, depreciation expense for year 4 was 10,000 (asset cost-salvage value) / useful life= depreciation expense.
When each period's depreciation is recorded What account is debited in relation to the fixed asset account?
Debiting the Depreciation Expense account (which appears in the income statement) and crediting the Accumulated Depreciation account is the fundamental journal entry for depreciation (which appears in the balance sheet as a contra account that reduces the amount of fixed assets).
The falling balance technique is an accelerated depreciation methodology used in accounting, where bigger depreciation charges are recorded in the early years of an asset's useful life and lesser depreciation expenses are recorded in the later years.
To know more about Depreciation Expense account, refer:
https://brainly.com/question/24303408
#SPJ4
your customer purchased 1,000 shares of smallco stock at $10 a share. smallco pays no dividends. exactly one year later, the customer sold the shares for $12 a share. they realized a
The customer realized a profit of $2000 by selling his shares at $12 each.
What do we mean by Shares?A share, which can also refer to shares of mutual funds, limited partnerships, and real estate investment trusts, is a unit of equity ownership in the capital stock of a firm in the financial markets. The term "share capital" describes all of an organization's shares.A share entitles the owner to an equal claim on the company's profits and losses.Equity shares and preference shares are the two main types of shares.So, the amount of shared purchased:
1000 × 10
$10,000
The amount in which share is sold:
1000 × 12
12,000
Profit: 12000 - 10000 = $2000
Therefore, the customer realized a profit of $2000 by selling his shares at $12 each.
Know more about Shares here:
https://brainly.com/question/25818989
#SPJ4
after trusts come under attack by both state and federal entities, many corporations turned to another form of organization called a , whereby one company could hold, own, or control the stock of another, by special chartering legislation.
A state or local agency is a board, commission, department, office, agency, or political subdivision of the state or county or municipality, or another public body established by or under state law.
What is the difference between state and federal?Everyone in the United States is subject to federal laws. People who live or work in a specific state, commonwealth, territory, county, city, municipality, town, township, or village are subject to state and local laws.
In the event of a direct conflict, federal law takes precedence over any state law. In the event of a clear conflict, state law yields to federal law. If state law grants residents more rights, state law is presumed to prevail. If state law grants more rights than federal law, state law is presumed to take precedence.
Learn more about state and federal entities here:
https://brainly.com/question/13185842
#SPJ1
a property owner purchases a lot for $100,000 and pays $400,000 to have a home constructed on it. when it is completed, the owner sells the home for $560,000. the appraiser for the buyer's mortgage company appraises the home at $525,000. the sales contract for $560,000 represents the of the property.
The sales contract for $560,000 represents the VALUE of the property.
Moreover, Value is defined as the monetary relationship between properties and those who buy, sell or use those properties. Value expresses an economic concept. The sales comparison approach estimates value based on the local market price required to acquire a property of similar location, quality, size, age and condition. The income approach estimates value based on the typical market income of a similar property.
You can learn more about this at:
https://brainly.com/question/1578158#SPJ4
according to the u.s. constitution, any tax levied by the government must be a. specifically authorized by an amendment. b. progressive or proportional in its structure. c. for the common defense or general welfare. d. levied only on exports and imports.
According to the us' constitution, any tax levied by the government must be the common defense or general welfare.
Who granted the Constitution's framers the power to impose taxes?The Congress shall have the authority to levy and collect taxes, duties, imposts, and excises in order to pay debts, provide for the general welfare of the United States, and to provide for the common defense. However, all duties, imposts, and excises must be uniform across the country.
Quiz: What does the US Constitution say regarding the ability of the government to tax?In order to pay off debts, provide for the common defense, and promote the general welfare of the United States, Congress shall have the authority to impose and collect taxes, duties, imposts, and excises; however, all such levies must be uniform across the country.
To Know more about general welfare.
https://brainly.com/question/578494
#SPJ4
What project scheduling term is used to describe the completion of significant portions of the project or a transition from one phase to another?.
Milestone project scheduling term is used to describe the completion of significant portions of the project or a transition from one phase to another.
A milestone is a numbered marker placed on a route together with a road, railway line, canal, or boundary. they are able to suggest the distance to cities, cities, and other locations or landmarks; or they could supply their function on the course relative to some datum area. On roads, they are typically positioned at the aspect or in a mean or principal reservation. they are rather known as mile markers, mileposts, or mile posts (every now and then abbreviated MPs). A "kilometric factor" is a time period utilized in metricated regions, in which distances are generally measured in kilometers instead of miles. "Distance marker" is a usual unit-agnostic time period.
Milestones are established to offer linear referencing factors alongside the road. this can be used to reassure guests that the right route is being accompanied, and to suggest both distance traveled or the last distance to a destination. Such references are also utilized by upkeep engineers and emergency offerings to direct them to unique points wherein their presence is required. This time period is on occasion used to indicate a location on a street even supposing no bodily sign is present.
To learn more about Milestone visit here:
brainly.com/question/15843795
#SPJ4
given the following information, determine the cost of goods sold for the period.
Jan 1 Beginning Inventory $950
Jan 1-30 Purchases $1800
Jan 31 Ending Inventory $250
a. $3.000
b. $2.500
c. $1100
d. $250
Calculation of the cost of goods sold for the period.
$950 + $1800 + $250
b. $2.500
Items are items that satisfy human wishes and provide application, for instance, to a customer making a purchase of a satisfying product. A not unusual difference is made between items which can be transferable, and offerings, which are not transferable.
Goods are physical, produced items for which a demand exists, over which possession rights may be hooked up and whose ownership can be transferred from one institutional unit to every other by means of engaging in transactions on markets.
Learn more about goods here:https://brainly.com/question/24373500
#SPJ4
Answer:$2,500
Explanation:
your customer, shea, has a large portfolio of bonds and dividend paying stocks. her primary interest is generating current income. she is trying to understand how taxes work for her t-bonds. you explain that
Federal income taxes, but not state or local taxes, are applied to interest from Treasury notes (T-bills). On Form 1099-INT, the interest income for a given year is reported.
Taxes on Treasury Bonds: What are they?Taxation. Treasury securities' interest income is free from state and local taxes but is subject to federal income tax. Treasury bill earnings are paid at maturity and must be reported to the IRS in the year they are received.Federal income taxes, but not state or local taxes, are applied to interest from Treasury notes (T-bills). On Form 1099-INT, the interest income for a given year is reported. Investors have the option of automatically withholding up to 50% of the income earned on their Treasury notes.Treasury securities and other bonds issued by the federal government and its agencies are typically free from state and municipal taxes.To learn more about Treasury securities refer to:
https://brainly.com/question/15036738
#SPJ4
if demand is elastic, will shifts in supply have a larger effect on equilibrium quantity or on price?
The shift in quantity clearly corresponds to the price change. So, with an elastic demand, variations in supply and demand will have a considerably greater effect on equilibrium price than on quantity.
Quantity or amount is a quality that can exist as a plurality or magnitude, illustrating discontinuity and continuity. Quantities can be compared using the phrases "more," "less," or "equal," or by assigning a numerical value multiple of a unit of measurement. Quantitative properties include mass, time, distance, heat, and angle. Along with quality, substance, change, and relation, quantity is one of the fundamental kinds of things. Some quantities are defined by their intrinsic nature, such as heavy and light, long and short, broad and narrow, little and big, or much and little. Under the label of multitude comes what is discontinuous and discrete and ultimately divisible into indivisibles, such as army, fleet, flock, government, company, party, and people.
Learn more about equilibrium price here
https://brainly.com/question/28527601
#SPJ4
These are perhaps the most widely used of the general location techniques.
Location analysis method
Centroid method
Transportation method
Factor-rating systems
The perhaps the most widely used of the general location techniques is Location analysis method
Location analysis is a method for identifying, evaluating, and defining the best locations for people, information, activities, and things within an organization. In order to assist in providing answers to location-based challenges, location analysis can include building models, approaches, and tools. Location analysis is the study and creation of models, methodologies, and instruments to offer sensible solutions to practical locational choice problems to decision-makers. Through analysis of audience demographics, psychographics, brand affinities, trade regions, pathing, and other crucial criteria, it assists businesses in choosing the best location for the establishment of their new offices, retail outlets, or manufacturing facilities.
Learn more about Location analysis visit https://brainly.com/question/13869181
#SPJ4
how does the fuel consumption of a car change as its speed increases? speed is measured in kilometers per hour, and fuel consumption is measured in liters of gasoline used per 100 kilometers traveled. given is the scatterplot that displays the relationship between speed and fuel consumption.
The scatter plot of the table is in the diagram.
The explanatory variable is speed.
What is a scatter plot?This is the term that is used to refer to the graph that shows the plot that is made of two variables as they would have to appear in the graph showing the variables on the two axis.
The explanatory variable is the variable that is used to explain the changes that would occur in the dependent variable.
Speed of the car is what is going to be used to tell us of the way that the fuel is being consumed.
Read more on scatter plot here; https://brainly.com/question/2749543
#SPJ1
Make a scatterplot. (Do this on paper. Your instructor may ask you to turn in this work.)
What is the explanatory variable?
The explanatory variable is: (choose one of the following)
1. car model
2. fuel consumption
3. speed
4. time
A company needs construction equipment to complete a project over the next 20 months. The equipment costs $10,000. Instead of purchasing the equipment with a 12% note, the company leases the equipment with payments of $300 due at the end of each month. For what amount would the company record the lease liability at the beginning of the lease?.
The amount of $5414 the company record the lease liability at the begining of the lease. $5414Lease liability = monthly lease payment.
The responsibility to make lease payments is represented by the lease liability, which is calculated using the present value of upcoming lease payments. We simply discount the liabilities throughout the lease duration using the discount rate once we have obtained our data, which includes the lease term, lease payment, and discount rate. The lease liability or the resulting sum is then recorded on the balance sheet. The lease asset will then need to be recorded. Let's read on to find out what steps we should take. A lease liability is the discounted to present value financial obligation for the lease-related payments. The lease obligation is determined using the present value of the remaining lease payments throughout the lease term in accordance with ASC 842, IFRS 16, and GASB 87.
To learn more about Lease Liability visit here;
https://brainly.com/question/22279660
#SPJ4
Elastic supply occurs when a small change in price brings about a large change in the quantity supplied. Which of the following is not a main factor that can lead to a good or service having elastic supply?
The product can be manufactured at a higher cost.
The product can be manufactured quickly.
The product can be manufactured using few resources.
The product can be manufactured using easily obtained resources.
Answer:
The product can be manufactured at a higher cost.
Explanation: