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1.A lease agreement calls for quarterly lease payments of $5,376 over a 10 year lease term, with the first payment at July 1, the lease's inception. The interest rate is 8%. Both the fair value and the cost of the asset to the lessor are $150,000. What would be the amount of interest expense the lessee would record in conjunction with the second quarterly payment at October 1? What would be the amount of interest revenue the lessor would record in conjunction with the second quarterly payment at October 1?
what are the changes in cash and cash equivalents for most recent year?what was the net cash from operating activities
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fashion jeans inc. sells two lines of jeans simple life and fancy life. simple life sells for 85.00 a pair and fancy
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wallace inc. prepared the following budgeted data based on a sales forecast of 6000000 variable fixed direct materials
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