On December 31, 2019, Blossom Company leased machinery from Terminator Corporation for an agreed upon lease term of 3 years. Blossom agreed to make annual lease payments of $14,000, beginning on December 31, 2019. The expected residual value of the machinery at the end of the lease term is $7,000, though Blossom does not guarantee any residual value to Terminator. What amount will Blossom record as its lease liability on December 31, 2019, if its incremental borrowing rate is 9% and the implicit rate of the lease is unknown

Social computing forces companies to deal with customers as opposed to

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Suppose rebecca needs a dog sitter so that she can travel to her sister’s wedding. rebecca values dog sitting for the weekend at $200. susan is willing to dog sit for rebecca so long as she receives at least $175. rebecca and susan agree on a price of $185. suppose the government imposes a tax of $30 on dog sitting. the tax has made rebecca and susan worse off by a total of