subject
Business, 13.07.2021 17:30 ChooseHappy

Each of the four independent situations below describes a lease requiring annual lease payments of $10,000. For each situation, determine the appropriate lease classification by the lessee and indicate why. Situation
1 2 3 4
Lease term (years) 4 4 4 4
Asset’s useful life (years) 6 5 6 6
Asset’s fair value $44,000 $43,000 $41,000 $39,000
Bargain purchase option? No Yes No No
Annual lease payments Beg. of yr. End of yr. Beg. of yr. End of yr.
Lessor’s implicit rate (known by lessee) 5% 6% 5% 6%
Lessee’s incremental borrowing rate 5% 5% 5% 5%

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 02:30, Roof55
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $
Answers: 1
image
Business, 22.06.2019 07:00, zayam1626
Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
Answers: 2
image
Business, 22.06.2019 09:30, missheyward30
What is the relationship among market segmentation, target markts, and consumer profiles?
Answers: 2
image
Business, 22.06.2019 11:00, roseemariehunter12
In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e. g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000
Answers: 3
You know the right answer?
Each of the four independent situations below describes a lease requiring annual lease payments of $...

Questions in other subjects:

Konu
Mathematics, 11.01.2020 06:31
Konu
Mathematics, 11.01.2020 06:31