Shamrock AG leases an automobile with a fair value of €14,169 from Simon Motors, on the following terms. 1. Non-cancelable term of 50 months. 2. Rental of €300 per month (at the beginning of each month). (The present value at 0.5% per month is €13,309.) 3. Shamrock guarantees a residual value of €1,250 (the present value at 0.5% per month is €584). Shamrock expects the probable residual value to be €1,250 at the end of the lease term. 4. Estimated economic life of the automobile is 60 months. 5. Shamrock’s incremental borrowing rate is 6% a year (0.5% a month). Simon’s implicit rate is unknown. Click here to view factor tables. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of the lease payments to determine the lease liability? (Round answer to 0 decimmal)
Answers: 2
Business, 21.06.2019 16:30, boi7348
You are opening a new store and must project in your business plan the amount of inventory shrinkage. you have forecasted $1,200,000 in sales for the first year. assuming your shrinkage will be 5%, the high end of the national average, calculate the projected annual shrinkage for your business plan. you are opening a new store and must project in your business plan the amount of inventory shrinkage. you have forecasted $1,200,000 in sales for the first year. assuming your shrinkage will be 5%, the high end of the national average, calculate the projected annual shrinkage for your business plan.
Answers: 3
Business, 23.06.2019 03:00, momo1039
By changing its recipe, a smoothie chain is reacting to a change in the environment. while it is important to be able to quickly adapt, it is also important to take a proactive approach to changes in the marketing environment. implementing a proactive approach requires constantly scanning and analyzing the environment so that changes do not come as a surprise. the statements below are findings from environmental scanning and analysis. select the marketing environment force that best describes each of the statements listed.
Answers: 3
Shamrock AG leases an automobile with a fair value of €14,169 from Simon Motors, on the following te...
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