User Account

All Pages

What is the amount of liability at the end of the lease

Assignment Help Accounting Basics
Reference no: EM133025017

Question - The finance lease includes an agreement that the lessee guarantee a 100,000 residual value, however the lessee expects to be liable only 40,000 at the end of the lease term on the said agreement. The lease term is 5 years and the implicit interest rate is 10%. What is the amount of liability at the end of the lease term for the lessee if the actual fair value of the leased asset at the end of the lease term is 60,000?

Reference no: EM133025017

Questions Cloud

What is the amount of share premium at december : Robert issued 30,000 shares at P12 per share, purchased 3,000 shares of treasury stock at P13 per share, What is the amount of share premium at December
Integrated report-industry options : 1. Farming - this industry topic encompasses how crops and animals are grown for food and other products.
Opening a new factory outside of the us : A local manufacturing business has announced that it will be closing its factory in your area and opening a new factory outside of the US.
Hospitality-hotel and restaurant service management : Compose a professional email to address the following questions: 1. Why are you at Seneca? 2. What do you hope to get out of this program?
What is the amount of liability at the end of the lease : What is the amount of liability at the end of the lease term for the lessee if the actual fair value of the leased asset at the end of the lease term is 60,000
Describe the link between malnutrition and cf : J.R.'s weight is below the 5th percentile. He has been on a high-calorie, high-protein diet at home; J.R. reports that he hasn't been hungry and really hasn't b
How much blame does the board deserve : The independent investigation largely exonerates the Wells Fargo board of directors. How much blame does the board deserve?
What is the contractually promised rate of return on loan : The compensating balance (b) is 4%, and there is 10% reserve requirement (RR). What is the contractually promised rate of return on this loan
Difference between hard and soft determinism : What is the difference between hard and soft determinism?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd