Business, 04.12.2019 07:31 brianna8739
E21-6 (l04) excel (lessor entries; sales-type lease) crosley company, a machinery dealer, leased a machine to dexter corporation on january 1, 2017. the lease is for an 8-year period and requires equal annual payments of $35,013 at the beginning of each year. the first payment is received on january 1, 2017. crosley had purchased the machine during 2016 for $160,000. collectibility of lease payments is reasonably predictable, and no important uncertainties surround the amount of costs yet to be incurred by crosley. crosley set the annual rental to ensure an 11% rate of return. the machine has an economic life of 10 years with no residual value and reverts to crosley at the termination of the lease.
Answers: 2
Business, 22.06.2019 17:30
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
Answers: 1
Business, 22.06.2019 20:30
When many scrum teams are working on the same product, should all of their increments be integrated every sprint?
Answers: 3
Business, 22.06.2019 21:00
In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse
Answers: 1
Business, 23.06.2019 01:30
At the end of the fiscal year, apha airlines has an outstanding non-cancellable purchase commitment for the purchase of 1 million gallons of jet fuel at a price of $4.10 per gallon for delivery during the coming summer. the company prices its inventory at the lower of cost or market. if the market price for jet fuel at the end of the year is $4.50, how would this situation be reflected in the annual financial statements?
Answers: 2
E21-6 (l04) excel (lessor entries; sales-type lease) crosley company, a machinery dealer, leased a...
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