![Business](/tpl/images/cats/ekonomika.png)
Business, 14.11.2019 20:31, makeithappen60
Tucson fruits leased farm equipment from barr machinery on july 1, 2011. the lease was recorded as a sales-type lease. the present value of the lease payments discounted at 10% was $40.5 million. ten annual lease payments of $6 million are due at the beginning of each year beginning july 1, 2011. barr had purchased the equipment for $33 million. what amount of interest revenue from the lease should barr report in its 2011 income statement?
![answer](/tpl/images/cats/otvet.png)
Answers: 3
Similar questions
![Предмет](/tpl/images/cats/ekonomika.png)
Business, 27.06.2019 19:10, villafana36
Answers: 1
![Предмет](/tpl/images/cats/ekonomika.png)
Business, 07.10.2019 16:30, annikacorrea
Answers: 3
![Предмет](/tpl/images/cats/ekonomika.png)
Business, 10.10.2019 23:30, bryan505
Answers: 2
Do you know the correct answer?
Tucson fruits leased farm equipment from barr machinery on july 1, 2011. the lease was recorded as a...
Questions in other subjects:
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 03.12.2020 14:00
![Konu](/tpl/images/cats/fizika.png)
Physics, 03.12.2020 14:00
![Konu](/tpl/images/cats/en.png)
English, 03.12.2020 14:00
![Konu](/tpl/images/cats/istoriya.png)
History, 03.12.2020 14:00
![Konu](/tpl/images/cats/istoriya.png)
History, 03.12.2020 14:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 03.12.2020 14:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 03.12.2020 14:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 03.12.2020 14:00
![Konu](/tpl/images/cats/health.png)
Health, 03.12.2020 14:00