subject
Business, 02.12.2019 20:31 mmaglaya1

Ildhorsecorporation enters into an agreement with yates rentals co. on january 1, 2018 for the purpose of leasing a machine to be used in its manufacturing operations. the following data pertain to the agreement: (a) the term of the noncancelable lease is 3 years with no renewal option. payments of $544864 are due on january 1 of each year. (b) the fair value of the machine on january 1, 2018, is $145. the machine has a remaining economic life of 10 years, with no salvage value. the machine reverts to the lessor upon the termination of the lease. (c) wildhorse depreciates all machinery it owns on a straight-line basis. (d) wildhorse’s incremental borrowing rate is 11% per year. wildhorse does not have knowledge of the 9% implicit rate used by yates. (e) immediately after signing the lease, yates finds out that wildhorse corp. is the defendant in a suit which is sufficiently material to make collectibility of future lease payments doubtful. if the present value of the future lease payments is $145 at january 1, 2018, what is the amount of the reduction in the lease liability for wildhorse corp. in the second full year of the lease if wildhorse corp. accounts for the lease as a finance lease? (rounded to the nearest dollar.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
Match the various steps in the creative process undertaken by the ad agency for developing the campaign for wpu, to the steps in young's model of the creative process.creative process in developing wpu's campaignyoung's modelafter intensive analysis of the data and several rounds of brainstorming, the agency executives decided to take a break from this project (the wpu campaign), and instead work on a different client's project before tackling the wpu project again.using a combination of animatics and storyboards, the ad agency conducted research with a representative sample of sixty target consumers to pretest the campaign theme and the creative execution.during a brainstorming session in the creative department, a copywriter's suggestion for a slogan for wpu was recognized as an excellent central idea that could drive the campaign for wpu.the account planning, account management and creative departments at the ad agency had a series of meetings and brainstorming sessions to discuss the creative brief and the results of all the primary and secondary research done with the target consumers.the account planning and the account management groups at the ad agency conducted primary research with a representative sample of the target segment and also studied secondary research data to gain insights required for the campaign development process.
Answers: 2
question
Business, 22.06.2019 01:30
What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 3
question
Business, 22.06.2019 09:20
Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.
Answers: 2
question
Business, 22.06.2019 11:00
You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %
Answers: 1
You know the right answer?
Ildhorsecorporation enters into an agreement with yates rentals co. on january 1, 2018 for the purpo...
Questions
question
Arts, 26.02.2021 18:50
question
Chemistry, 26.02.2021 18:50
question
Mathematics, 26.02.2021 18:50
question
World Languages, 26.02.2021 18:50
question
Mathematics, 26.02.2021 18:50
question
Mathematics, 26.02.2021 18:50
question
Mathematics, 26.02.2021 18:50
Questions on the website: 13722361