subject
Business, 16.10.2019 04:30 lemoinedegraw

King company leased equipment from mann industries. the lease agreement qualifies as a finance lease and requires annual lease payments of $47,847 over a six-year lease term (also the asset’s useful life), with the first payment at january 1, the beginning of the lease. the interest rate is 5%. the asset being leased cost mann $205,000 to produce. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. determine the price at which the lessor is "selling" the asset (present value of the lease payments). 2. what would be the amounts related to the lease that the lessor would report in its income statement for the year ended december 31 (ignore taxes)?

ansver
Answers: 1

Another question on Business

question
Business, 23.06.2019 14:30
Feedback systems do not always involve negative feedback. economic inflation, which is evidenced by continually rising prices, is a positive feedback system. a positive feedback control system, as shown on the right, adds the feedback signal to the input signal, and the resulting signal is used as the input to the process. a simple model of the price-wage inflationary spiral is shown on the right. add additional feedback loops, such as legislative control or control of the tax rate, to stabilize the system. it is assumed that an increase in workers’ salaries, after some time delay, results an increase in prices. under what conditions could prices be stabilized by falsifying or delaying the availability of cost-ofliving data? how would a national wage and price economic guideline program affect the feedback system?
Answers: 2
question
Business, 23.06.2019 20:10
What pitfall should type-b personalities avoid? controlling every aspect of a project allowing slackers to get away with doing next to nothing covering for an absent employee doing all a group's work to stay ahead of a deadline?
Answers: 2
question
Business, 23.06.2019 21:00
In the past, peter kelle's tire dealership in baton rouge sold an average of 1,200 radials each year. in the past 2 years, 200 and 250, respectively were sold in fall, 360 and 300 in winter, 150 and 175 in spring, and 320 and 645 in summer. with a major expansion planned, kelle projects sales next year to increase to 1,400 radials. based on next year's projected sales, the demand for each season is going to be
Answers: 1
question
Business, 24.06.2019 06:30
Receiving payment prior to delivering goods or services causes a current liability to be incurred. true
Answers: 2
You know the right answer?
King company leased equipment from mann industries. the lease agreement qualifies as a finance lease...
Questions
question
Mathematics, 06.09.2020 03:01
question
Biology, 06.09.2020 03:01
question
English, 06.09.2020 03:01
question
Mathematics, 06.09.2020 03:01
question
Mathematics, 06.09.2020 03:01
Questions on the website: 13722367