Neal corp. entered into a nine-year capital lease on a warehouse on december 31, 2013. lease payments of $52,000, which includes real estate taxes of $2,000, are due annually, beginning on december 31, 2014, and every december 31 thereafter. neal does not know the interest rate implicit in the lease; neal's incremental borrowing rate is 9%. the rounded present value of an ordinary annuity for nine years at 9% is 6.0. what amount should neal report as capitalized lease liability at december 31, 2013? a. $300,000 b. $312,000 c. $450,000d. $468,000

What is the most important type of decision that the financial manager makes?

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to: