Business, 24.10.2019 03:00 anonwarrior
On january 1, garcia supply leased a truck for a five-year period, at which time possession of the truck will revert back to the lessor. annual lease payments are $13,000 due on december 31 of each year, calculated by the lessor using a 6% discount rate. negotiations led to garcia guaranteeing a $60,400 residual value at the end of the lease term. garcia estimates that the residual value after four years will be $58,800. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) what is the amount to be added to the right-of-use asset and lease liability under the residual value guarantee?
Answers: 3
Business, 22.06.2019 10:50
Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?
Answers: 2
Business, 22.06.2019 11:00
The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.
Answers: 2
Business, 22.06.2019 19:30
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.
Answers: 2
Business, 23.06.2019 05:20
What is difference between fiscal year and tax year? explain in the simplest way.
Answers: 1
On january 1, garcia supply leased a truck for a five-year period, at which time possession of the t...
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