Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
On January 1, 2011, Dean Corporation signed a ten-year noncancelable lease for certain machinery. The terms of the lease called for Dean to make annual payments of $100,000 at the end of each year for ten years with title to pass to Dean at the end of this period. The machinery has an estimated useful life of 15 years and no salvage value. Dean uses the straight-line method of depreciation for all of its fixed assets. Dean accordingly accounted for this lease transaction as a capital lease. The lease payments were determined to have a present value of $671,008 at an effective interest rate of 8%. With respect to this capitalized lease, Dean should record for 2011.
1. which of the following is true regarding proprietary fund accounting the economic resources measurement focus and
western outfitters mountain sports projected 2008 sales of 75000 units at a unit price of 12.00. actual 2008 sales were
erica is a citizen of a foreign country and is employed by a foreign-based computer manufacturer. ericas job is to
1. a liquidity ratio measures thea.percentage of total financing provided by creditors.b.income or operating success of
the cost formula for the maintenance department of rainbow. ltd. is 19400 per month plus 7.7 per machine hour used by
ed koehler started great southern furniture five years ago to assemble prefabricated bedroom furniture for large hotel
swanson inc. manufactures an advanced swim fin for scuba divers. management is now preparing detailed budgets for the
you have recently been employed by a large retail chain that sells sporting goods. one of your tasks is to help prepare
john paul jones inc. is a conservatively managed boat company whose motto is the old ways are the good ways. management
If the selling prices of finished products Y and Z remain constant, the percentage of the total joint costs allocated to product Y and product Z would
determine the maturity value of a loan of 2400.00 after three years. the loan carries a simple interest rate of 7.7 per
Compute Rusty's correct gross income for the year, and explain any differences between your calculation and Rusty's.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd