Customer Service Chat
Get quote & make Payment
Leases, Financial Accounting
Company A(lessee) will rent inventory for you for 3 years rather than buying it for the regular price of $240,000. Normally these units, which cost us $120,000 to produce, will last 5 years and have no residual value at the end of that time. At the end of 3 years though they usually have a residual value of $12,000 but you could only get the customer to guarantee $8,000 of this. The agreement calls for 6 semi-annual payments of $40,000 each on May 1 and November 1 commencing in 20X5. By the way when payments amount were figure, they used 6& interest rate and you are not sure if the information is collected properly at that interest.
Posted Date: 10/13/2012 5:22:33 PM | Location : United States
Ask an Expert
Leases, Assignment Help, Ask Question on Leases, Get Answer, Expert's Help, Leases Discussions
Write discussion on Leases
Your posts are moderated
Write your message here..
What are usaco''s options? explain, USAco is the wholly-owned U.S. subsidia...
USAco is the wholly-owned U.S. subsidiary of ASIAco, a Japanese parent corporation that manufactures automobiles and sells them to USAco for resale in the United States. ASIAco sel
What is the amount of liabilities, Craig's Cars has assets of $4,550 and st...
Craig's Cars has assets of $4,550 and stockholders' equity of $3,200. What is the amount of liabilities? What is the amount of claims?
Rules of intestacy-no spouse but children, The intestate leaves no spouse b...
The intestate leaves no spouse but children The net estate devolves upon the surviving children and is divided equally between them. If any child has not, at the time of intest
Prepare a cash budget, The following information for the six months ended ...
The following information for the six months ended 31 December 2009 relates to the business of Mr N Morris: a) Opening cash (including bank) balance Rs 1,200 b) Productio
Uncertainty-failure legacies and gift residue-executorship, Uncertainty ...
Uncertainty A gift or disposition not expressive of any definite intention shall be void for uncertainty, i.e A gift under a will fails where there is uncertainty as to:
What is the journal entry to record the first interest, On January 1, 2010,...
On January 1, 2010, Jacob issues $800,000 of 9%, 13-year bonds at a price of 96½. Six years later, on January 1, 2016, Jacob retires 20% of these bonds by buying them on the open m
Book:accounting research, Read Appendix B, "Sample Brief Memorandum," that ...
Read Appendix B, "Sample Brief Memorandum," that starts on page 193 of the textbook. In 2-3 pages (12 point font, double spaced), critique the memorandum based on what we've learne
One more interest payment, 1. What will be the value of every of these bond...
1. What will be the value of every of these bonds when the going rate of interest is 4%? Suppose that there is only one more interest payment to be made on Bond S. Round your answe
State the types of business organizations, State the types of business orga...
State the types of business organizations There are numerous types of business organizations: Service business-doctors, lawyers, barber shop etc. Merchandising busin
Which depreciation method would produce the higher npv, Wendy is evaluating...
Wendy is evaluating a capital budgeting project that should last for 4 years. The project requires $ 800,000 of equipment. She is unsure what depreciation method to use in her anal
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.