subject
Business, 18.12.2019 02:31 skyrileycasting

On january 1, 2018, sauder corporation signed a five-year noncancelable lease for equipment. the terms of the lease called for sauder to make annual payments of $200,000 at the beginning of each year for five years beginning on january 1, 2018 with the title passing to sauder at the end of this period. the equipment has an estimated useful life of 7 years and no salvage value. sauder uses the straight-line method of depreciation for all of its fixed assets. sauder accordingly accounts for this lease transaction as a capital lease. the minimum lease payments were determined to have a present value of $833,972 at an effective interest rate of 10%.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 16:00, idcbrooo
Sarah borrowed $16,500 on may 23 with interest due on september 3. if the interest rate is 9%, find the interest on the loan using exact interest and ordinary interest.
Answers: 2
image
Business, 22.06.2019 02:50, smariedegray
Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash
Answers: 2
image
Business, 22.06.2019 10:10, AdamFrost
An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?
Answers: 3
image
Business, 22.06.2019 12:20, kayleewoodard
Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.
Answers: 1
You know the right answer?
On january 1, 2018, sauder corporation signed a five-year noncancelable lease for equipment. the ter...

Questions in other subjects: