subject
Business, 08.07.2019 19:10 bellam302

On january 2, 2018, jensen corporation sells equipment it manufactured to lewisburg fabricators in exchange for an $80,000 note due in five years. the note bears no stated interest rate, but requires the entire $80,000 to be repaid at the end of five years. jensen recently sold the same equipment to another company for $54,447. when lewisburg fabricators sought bank financing for this purchase the company was offered the funds at 8%, but decided to let jensen hold the note. what amount will jensen recognize as interest income during 2018?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 01:20, tsadface21
Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $58. a, compute the percentage total return. (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) b. what was the dividend yield and the capital gains yield? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e. g., 32.16.)
Answers: 2
image
Business, 22.06.2019 11:00, PastyMexican24
On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.
Answers: 1
image
Business, 22.06.2019 12:50, cece4874
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u. s. treasury yield curve can take. check all that apply.
Answers: 2
image
Business, 22.06.2019 21:00, sofiaisabelaguozdpez
Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?
Answers: 2
You know the right answer?
On january 2, 2018, jensen corporation sells equipment it manufactured to lewisburg fabricators in e...

Questions in other subjects:

Konu
Arts, 23.10.2020 04:01
Konu
Mathematics, 23.10.2020 04:01