Neal corp. entered into a nine-year capital lease on a warehouse on december 31, 2013. lease payments of $52,000, which includes real estate taxes of $2,000, are due annually, beginning on december 31, 2014, and every december 31 thereafter. neal does not know the interest rate implicit in the lease; neal's incremental borrowing rate is 9%. the rounded present value of an ordinary annuity for nine years at 9% is 6.0. what amount should neal report as capitalized lease liability at december 31, 2013? a. $300,000 b. $312,000 c. $450,000d. $468,000

U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0) and 2006 (t = 4). the advertising revenue in 2002 was $5.9 billion.† (a) find an expression f(t) giving the advertising revenue in year t.

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.