Business, 28.05.2020 02:07 onlymyworld27
The agreement requires equal rental payments of $35,000 beginning on December 31, 2020. 2. The fair value of the building on January 1, 2020, is $195,000. 3. The building has an estimated economic life of 12 years, an unguaranteed residual value of $5,000, and an expected residual value of $1,000. Kroger depreciates similar buildings on the straight-line method. 4. The lease is nonrenewable. At the termination of the lease, the building reverts to the lessor. 5. The lessor's implicit rate is 6%, which is known by Kroger. Instructions: (1)Determine whether this is a finance or operating lease. Clearly document your rationale and show all necessary calculations. (2)Prepare the journal entries on the lessee's books to reflect the signing of the lease agreement and to record the payments and expenses related to this lease for the years 2020, 2021, and 2022. Kroger's fiscal year-end is December 31.
Answers: 1
Business, 22.06.2019 11:40, tansebas1107
You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297
Answers: 3
Business, 22.06.2019 18:00, Elephants12
What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand
Answers: 1
Business, 22.06.2019 18:00, HistoryLee
1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%
Answers: 1
The agreement requires equal rental payments of $35,000 beginning on December 31, 2020. 2. The fair...
English, 25.11.2021 08:00
Biology, 25.11.2021 08:00
Mathematics, 25.11.2021 08:00