subject
Business, 06.02.2021 02:20 KillerV

On January 1, 2021, Sans Serif Publishers leased printing equipment from First LeaseCorp. First LeaseCorp purchased the equipment from CompuDec Corporation at a cost of $479,079. The lease agreement specifies six annual payments of $100,000 beginning January 1, 2021, the beginning of the lease, and at each December 31 from 2021 through 2025. The six-year lease term ending December 31, 2026, is equal to the estimated useful life of the equipment. First LeaseCorp routinely acquires electronic equipment to lease to other firms. The interest rate in these financing arrangements is 10%. 1) How should this lease be classified

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 17:00
Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting
Answers: 3
question
Business, 22.06.2019 21:10
Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.
Answers: 3
question
Business, 23.06.2019 04:50
Which of the following results from the latest decision round is most important in providing guidance to company managers make in strategic moves and decisions to improve their companies competitiveness and rank among the top-performing companies in the current decision round
Answers: 3
question
Business, 23.06.2019 13:10
How does cobley connect the ideas of brands and force? what is his point about brands? 2. do consumers act in the ways that they say they do? why or why not? what is the lesson for marketing in this? 3. why do brands need to be careful about not making mistakes? 4. do companies have control over their brands in today's world? why or why not? 5. the video shows how physics can improve marketing. think of a specific insight or idea from a field other than business and discuss how this idea or insight could you as an entrepreneur. entrepreneurship as problem-solving < - your second lab link 1. how did elk become an entrepreneurship? 2. why is problem-solving important in entrepreneurship? 3. do you think you are a problem-solver? why or why not?
Answers: 1
You know the right answer?
On January 1, 2021, Sans Serif Publishers leased printing equipment from First LeaseCorp. First Leas...
Questions
question
Mathematics, 30.10.2020 23:40
question
History, 30.10.2020 23:40
question
Mathematics, 30.10.2020 23:40
question
French, 30.10.2020 23:40
Questions on the website: 13722360