subject
Business, 25.10.2019 19:43 lacourboud20005

On december 31, 2018, rhone-metro industries leased equipment to western soya co. for a four-year period ending december 31, 2022, at which time possession of the leased asset will revert back to rhone-metro. the equipment cost rhone-metro $402,611 and has an expected useful life of six years. its normal sales price is $402,611. the lessee-guaranteed residual value at december 31, 2022 is $20,000. equal payments under the lease are $110,000 and are due on december 31 of each year. the first payment was made on december 31, 2018-western soya's incremental borrowing rate is 11%. western soya knows the interest rate implicit in the lease payments is 9%. both companies use straight-line depreciation. use (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables (a) prepare all appropriate entries for both western soya and rhone-metro on december 31, 2019 (the second lease payment and ) prepare the appropriate entries for both western soya and rhone-metro on december 31, 2022 assuming the equipment is returned to rhone-metro and the actual residual value on that date is $1,000.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Danny "dimes" donahue is a neighborhood's 9-year-old entrepreneur. his most recent venture is selling homemade brownies that he bakes himself. at a price of $2 each, he sells 100. at a price of $1.5 each, he sells 300. instructions: round your answer to 1 decimal place. a. what is the elasticity of demand? 3.50 â± 0.1 . b. is demand elastic or inelastic over this price range? . c. if demand had the same elasticity for a price decline from $1.5 to $1 as it does for the decline from $2 to $1.5, would cutting the price from $1.5 to $1 increase or decrease danny's total revenue? .
Answers: 1
question
Business, 22.06.2019 02:30
The monthly sales for yazici​ batteries, inc., were as​ follows: month jan feb mar apr may jun jul aug sept oct nov dec sales 19 20 17 12 11 18 16 17 19 22 21 24 this exercise contains only parts b and c. ​b) the forecast for the next month​ (jan) using the naive method​ = nothing sales ​(round your response to a whole​ number). the forecast for the next period​ (jan) using a​ 3-month moving average approach​ = nothing sales ​(round your response to two decimal​ places). the forecast for the next period​ (jan) using a​ 6-month weighted average with weights of 0.10​, 0.10​, 0.10​, 0.20​, 0.20​, and 0.30​, where the heaviest weights are applied to the most recent month​ = nothing sales ​(round your response to one decimal​ place). using exponential smoothing with alpha ​= 0.40 and a september forecast of 21.00​, the forecast for the next period​ (jan) = nothing sales ​(round your response to two decimal​ places). using a method of trend​ projection, the forecast for the next month​ (jan) = nothing sales ​(round your response to two decimal​ places). ​c) the method that can be used for making a forecast for the month of march is ▾ a 3-month moving average a 6-month weighted moving average exponential smoothing the naive method a trend projection .
Answers: 2
question
Business, 22.06.2019 20:10
As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits
Answers: 3
question
Business, 22.06.2019 23:20
You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?
Answers: 3
You know the right answer?
On december 31, 2018, rhone-metro industries leased equipment to western soya co. for a four-year pe...
Questions
question
Biology, 25.03.2021 18:50
question
Mathematics, 25.03.2021 18:50
question
Social Studies, 25.03.2021 18:50
Questions on the website: 13722367