Business
Business, 25.07.2019 13:50, jaircepeda053

Why is it important to review your lease agreement carefully before signing it?

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Business, 23.06.2019 17:30, ghari112345
When signing a lease for a retail space, it's important to make sure the lease has a clause, which releases the tenant from the lease if sales don't reach an agreed-upon amount.
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Business, 28.07.2019 02:40, Bayabbay8380
The company enters a lease agreement requiring lease payments with a present value of $14 million. will this lease agreement affect the debt to equity ratio differently if the lease is recorded as an operating lease versus a capital lease?
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Business, 17.08.2019 21:10, coolquezzie
Assume that on january 1, 2017, kimberly-clark corp. signs a 10-year noncancelable lease agreement to lease a storage building from sheffield storage company. the following information pertains to this lease agreement. 1. the agreement requires equal rental payments of $67,500 beginning on january 1, 2017. 2. the fair value of the building on january 1, 2017 is $411,000. 3. the building has an estimated economic life of 12 years, with an unguaranteed residual value of $10,000. kimberly-clark depreciates similar buildings on the straight-line method. 4. the lease is nonrenewable. at the termination of the lease, the building reverts to the lessor. 5. kimberly-clark’s incremental borrowing rate is 12% per year. the lessor’s implicit rate is not known by kimberly-clark. 6. the yearly rental payment includes $2,553 of executory costs related to taxes on the property. prepare the journal entries on the lessee’s books to reflect the signing of the lease agreement and to record the payments and expenses related to this lease for the years 2017 and 2018. kimberly-clark’s corporate year-end is december 31.
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