On january 1, 2004, digital, inc. leased heavy machinery from young leasing company. the terms of the lease require annual payments of
$20,000 for twenty years beginning on december 31, 2004. the interest rate on the lease is 10%.
assume the lease qualifies as acapital lease.
1. calculate the amount of the lease liability at december 31, 2005 that would be classified as a current liability.
2. calculate the balance in the lease liability account on december 31, 2005 after the second lease payment is made. you!

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45

In terms of precent, beer has more alcohol than whiskey true or false

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes