Business, 27.07.2021 15:10 yolo3745

Economic life of equipment: 5 years. Implicit interest rate and lessee's incremental borrowing rate: 4% semiannually. Fair value of the computers at January 1, 2021: $23 million. What is the outstanding balance of the lease liability in Lone Star's June 30, 2021, balance sheet

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Economic life of equipment: 5 years. Implicit interest rate and lessee's incremental borrowing rate:...

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