Customer Service Chat
Get quote & make Payment
Pre tax in Statement of Cash Flows, Basic Statistics
Advanced Equipment leased equipment to Richards Chemical, Inc. on 9/30/11. Advanced purchased the machine from Makers, Inc. at a cost of $6M. The 5-yr lease agreement calls for Richards to make quarterly lease payments of $391,548, payable each 9/30, 12/31, 3/31, and 6/30, with the first payment at 9/30/11. Advanced’s implicit interest rate is 12%:
1. What pretax amounts would Richards report in its statement of cash flows for the year ended Dec. 31, 2011?
2. What pretax amounts would Advanced report in its statement of cash flows for the year ended Dec. 31, 2011?
3. Assume Makers manufactured the machine at a cost of $5M and that Richards leased the machine directly from Makers. What pretax amounts would Makers report in its statement of cash flows for the year ended Dec. 31, 2011?
Posted Date: 4/29/2012 10:51:27 PM | Location : United States
Ask an Expert
Pre tax in Statement of Cash Flows, Assignment Help, Ask Question on Pre tax in Statement of Cash Flows, Get Answer, Expert's Help, Pre tax in Statement of Cash Flows Discussions
Write discussion on Pre tax in Statement of Cash Flows
Your posts are moderated
Write your message here..
Indirect method, in my home work it is a balance sheet 12/31/2010 12/3...
in my home work it is a balance sheet 12/31/2010 12/31/2009 accounts recievable 8000 10000 below it has letter a b c d e f-k wanting the letter with the explaination a
Factor reversal test, factor reversal test or circfied ular test satis reve...
factor reversal test or circfied ular test satis reversal test question #Minimum 100 words accepted#
STATISTICS FOR MANAGEMENT, 1. Mention the characteristics of Statistics. Ex...
1. Mention the characteristics of Statistics. Explain any two applications of Statistics. 2. Distinguish between primary and secondary data. What are the methods of collecting prim
Sequence networks , A group of identical synchronous motors is connected th...
A group of identical synchronous motors is connected through a transformer to a 4.16-kV bus at a remote location from the generating plants of a power system. The motors are rated
Definition of batch costing and methods, Batch costing and method of costin...
Batch costing and method of costing whereby identical units produced are treated as a single unit & the cost incurred is shown to the whole of that batch instead of each individual
Derivations, example of derivations in daily life
example of derivations in daily life
AUTOMATED TELLER MACHINE (ATM) , AUTOMATED TELLER MACHINE (ATM) Computer m...
AUTOMATED TELLER MACHINE (ATM) Computer managed devices placed at a financial institution division or other place, which allow a client to execute primary checking actions (such a
Intervals, At a tennis tournament a statistician keeps track of every serve...
At a tennis tournament a statistician keeps track of every serve. The statistician reported that the mean serve speed of a particular player was 102 miles per hour (mph) and the st
Calculate cronbachs alpha, This week, you have learned about how to use Cro...
This week, you have learned about how to use Cronbach's alpha as a measure of scale reliability. In this Application, you will calculate Cronbach's alpha for provided data. To p
Basic Statistics, 1
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.