Business, 20.09.2020 14:01 kitttimothy55
On January 1, 2018, Gemini Corporation leased equipment under a finance lease designedto earn the lessor a 12% rate of return for providing long-term financing. The lease agreementspecified ten annual payments of $225,000 beginning January 1, and each December 31thereafter through 2026. A 10-year service agreement was scheduled to provide maintenance ofthe equipment as required for a fee of $15,000 per year. Insurance premiums of $12,000 annuallyare related to the equipment. Both amounts were to be paid by the lessor and the lease paymentsreflect both expenditures. At what amount will Gemini record a right-of-use asset
Answers: 1
Business, 22.06.2019 21:10, stephany94
You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i. e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?
Answers: 1
Business, 22.06.2019 23:10, katrinanuez
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
Business, 23.06.2019 12:10, tae8002001
When the united states buys more products than it sells from other countries what is created?
Answers: 3
On January 1, 2018, Gemini Corporation leased equipment under a finance lease designedto earn the le...
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