On January 2, 2021, Sunland, Inc. signed a 10-year noncancelable lease for a heavy duty drill press. The lease stipulated annual payments of $240000 starting at the beginning of the first year, with title passing to Sunland at the expiration of the lease. Sunland treated this transaction as a finance lease. The drill press has an estimated useful life of 15 years, with no salvage value. Sunland uses straight-line depreciation for all of its plant assets. Aggregate lease payments were determined to have a present value of $1413416, based on implicit interest of 11%.In its 2021 income statement, what amount of interest expense should Sunland report from this lease transaction?

Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.a) find the economic order quantity.b) find the annual holding costs.c) find the annual ordering costs.d) what is the reorder point?

One question from a survey was "how many credit cards do you currently have? " the results of the survey are provided. complete parts (a) through (g) below. click the icon to view the survey results. (a) determine the mean number of credit cards based on the raw data. the mean is 3.113.11 credit cards. (type an integer or a decimal. do not round.) (b) determine the standard deviation number of credit cards based on the raw data. the standard deviation is 1.9111.911 credit cards. (round to three decimal places as needed.) (c) determine a probability distribution for the random variable, x, the number of credit cards issued to an individual. x (# of cards) p(x) x (# of cards) p(x) 1 0.280.28 6 nothing 2 nothing 7 nothing 3 nothing 8 nothing 4 nothing 9 nothing 5 nothing 10 nothing (type integers or decimals. do not round.)

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?