subject
Business, 19.03.2020 09:28 shod74

On December 31, 2018, Perry Corporation leased equipment to Admiral Company for a five-year period.

The annual lease payment, excluding nonlease components, is $42,000.

The interest rate for this lease is 11%.

The payments are due on December 31 of each year.

The first payment was made on December 31, 2018.

The normal cash price for this type of equipment is $155,000 while the cost to Perry was $134,000.

For the year ended December 31, 2018, by what amount will Perry's earnings increased due to this lease (ignore taxes)?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:30
Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.
Answers: 2
question
Business, 22.06.2019 01:40
Suppose general motors demands labor according to the labor demand function 푤푤= 40−0. 5퐸퐸, where 푤푤 is the hourly wage and 퐸퐸 is the number of employees. the united auto workers union has a utility function given by 푈푈=푊푊∗퐸퐸. a.in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b.if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.
Answers: 1
question
Business, 22.06.2019 03:30
Joe said “your speech was really great, i loved it.” his criticism lacks which component of effective feedback? a) he did not recognize his ethical obligations b) he did not focus on behavior c) he did not stress the positive d) he did not offer any specifics
Answers: 2
question
Business, 22.06.2019 05:20
What are the general categories of capital budget scenarios? describe the overall decision-making context for each.
Answers: 3
You know the right answer?
On December 31, 2018, Perry Corporation leased equipment to Admiral Company for a five-year period....
Questions
question
Computers and Technology, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
question
Chemistry, 13.10.2020 14:01
question
Mathematics, 13.10.2020 14:01
Questions on the website: 13722363