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Business, 12.07.2019 05:20 chippedwood24

On june 30, 2018, georgia-atlantic, inc., leased a warehouse facility from ic leasing corporation. the lease agreement calls for georgia-atlantic to make semiannual lease payments of $681,229 over a four-year lease term, payable each june 30 and december 31, with the first payment at june 30, 2018. georgia-atlantic's incremental borrowing rate is 8%, the same rate ic uses to calculate lease payment amounts. depreciation is recorded on a straight-line basis at the end of each fiscal year. the fair value of the warehouse is $4.8

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On june 30, 2018, georgia-atlantic, inc., leased a warehouse facility from ic leasing corporation. t...
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