Business, 16.04.2020 00:18, LulPink

The city of Morehead leased equipment. The life of the non cancellable lease is 10 years. Using an 8 percent interest rate, the present value of the lease payments is $905,861. The first payment of $125,000 is due when the lease begins, January 10, 2017. An additional payment of $125,000 is due on January 10th for each of the next 9 years. Prepare journal entries to record

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:30, iamasia06

Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.

Answers: 1

continue

Business, 22.06.2019 21:20, eichlingkera13

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.

Answers: 1

continue

Business, 22.06.2019 22:00, emilyswinge4421

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)

Answers: 3

continue

Business, 23.06.2019 00:00, jech3947

Both renewable and nonrenewable resources are used within our society. how do the uses of nonrenewable resources compare to the uses of renewable resources?

Answers: 1

continue

Do you know the correct answer?

The city of Morehead leased equipment. The life of the non cancellable lease is 10 years. Using an 8...