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On December 31, 2014, Pacific Rail Corporation leased a train car from Southern Transportation Company for a ten year period expiring December 30, 2024. Equal annual payments of $160,000 are due on December 31 of each year, beginning with December 31, 2014. The lease is properly classified as a capital lease on Pacific Rail's books. The present value at December 31, 2014 of the ten lease payments over the lease term discounted at 8% is $1,159,502. Assuming the first payment is made on time, the amount that should be reported by Pacific Rail Corporation as the lease liability on its December 31, 2014 balance sheet is?
Given the allocated costs at 10% of revenue, calculate the number of workshops that must be offered to break-even. Re-calculate #2 above, assuming Janice can re-negotiate the part-time trainers’ cost to $1000 per workshop.
Using the information, prepare an income statement and a balance sheet for the Parsons Corporation.
employees of may fabricators inc. earned gross wages of 140000 during a recnt two week period. employee withholdings
(a) Determine Deer Park's net income for 2008. (b) Prepare a balance sheet for Deer Park as of December 31, 2008.
duff beer corporation paid a 3.3 dollar dividend today. if the dividend is expected to grow at a constant 5 percent
Effect of cash dividend and stock split - affect Indigo Inc.'s total assets, liabilities, and stockholders' equity
lewis companys standard labor cost of producing one unit of product dd is 3.60 hours at the rate of 14.00 per hour.
the devon motor company produces motorcycles. during aprilthe company purchased 8000 batteries at a cost of 10 per
If interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds?
1.orkin company is considering two different mutually exclusive capital expenditure proposals. project a will cost
Assuming the Koger uses straight-line depreciation, what is the net book value for machine #25624 on March 31, 2008?
for each of the following items indicate where it would appear in the statement of operations for a private
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