Business, 06.11.2019 06:31 gungamer720

On january 1, garcia supply leased a truck for a three-year period, at which time possession of the truck will revert back to the lessor. annual lease payments are $17,000 due on december 31 of each year, calculated by the lessor using a 5% discount rate. negotiations led to garcia guaranteeing a $47,700 residual value at the end of the lease term. garcia estimates that the residual value after four years will be

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On january 1, garcia supply leased a truck for a three-year period, at which time possession of the...