Benedict company leased equipment to mark inc. on january 1, 2017. the lease is for an eight-year period, expiring december 31, 2024. the first of eight equal annual payments of $600,000 was made on january 1, 2017. benedict had purchased the equipment on december 29, 2016, for $3,200,000. the lease is appropriately accounted for as a sales-type lease by benedict. assume that at january 1, 2017, the present value of all rental payments over the lease term discounted at a 10% interest rate was $3,520,000. required: what amount of interest income should benedict record in 2018 (the second year of the lease period) as a result of the lease?
Answers: 2
Business, 22.06.2019 04:10
Universal containers(us) has an integration with its accounting system that creates tens of thousands of orders inside salesforce in a nightly batch. us wants to add automation that can attempt to match leads and contacts to these orders using the email address field on the insert. us is concerned about the performance of the automation with a large data volume. which tool should uc use to automate this process?
Answers: 1
Business, 22.06.2019 11:00
Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.
Answers: 2
Business, 23.06.2019 04:50
Which of the following results from the latest decision round is most important in providing guidance to company managers make in strategic moves and decisions to improve their companies competitiveness and rank among the top-performing companies in the current decision round
Answers: 3
Benedict company leased equipment to mark inc. on january 1, 2017. the lease is for an eight-year pe...
Business, 27.06.2021 14:00
Mathematics, 27.06.2021 14:00
Mathematics, 27.06.2021 14:00
Mathematics, 27.06.2021 14:00
English, 27.06.2021 14:00
Chemistry, 27.06.2021 14:00
Mathematics, 27.06.2021 14:00
Mathematics, 27.06.2021 14:00
English, 27.06.2021 14:00
Social Studies, 27.06.2021 14:00
English, 27.06.2021 14:00
Health, 27.06.2021 14:00
Mathematics, 27.06.2021 14:00