subject
Business, 20.02.2020 23:31 babycakes08d

Larkspur Fashion Company enters into a lease arrangement with Highpoint Leasing for 5 years. Larkspur agrees to pay 6% of its net sales as a variable lease payment. Larkspur does not pay any fixed payments. Larkspur is a highly successful company that has achieved over $1,200,000 in net sales over the last 7 years. Both Larkspur and Highpoint forecast that net sales will be a much greater amount than $1,200,000 in subsequent years. As a result, it is highly certain that Larkspur will make payments of at least $72,000 ($1,200,000 × 6%) each year. What is the lease payment amount Larkspur should use to record its right-of-use asset? Lease payment

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:30
Question 1 which of the following tasks use your roommate as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough spoon cookies onto the tray unload the cookies from the oven pack the cookies 1 points question 2 which of the following tasks use the tray(s) as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough bake the cookies cool the cookies accept payment 1 points question 3 determine the task time for the following tasks. fill integer numbers into the blank (e.g., 5 rather than 5.0) wash and mixing the dough: minute(s)/order spoon cookies onto the tray: minute(s)/order set up timer: minute(s)/order bake: minute(s)/order cool the cookies: minute(s)/order pack the cookies: minute(s)/order accept payment: minute(s)/order 2 points question 4 q4: determine the cycle time for the following resources. fill integer numbers into the blank (e.g., 5 rather than 5.0) kristen (you): minute(s) roommate: minute(s) oven: minute(s) 2 points question 5 what is the capacity rate (in orders/hour) of the roommate? 1 points question 6 what is the capacity rate (in orders/hour) of the whole process? 2 points question 7 how long (in minutes) it takes to process the first order?
Answers: 3
question
Business, 22.06.2019 09:40
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
Answers: 3
question
Business, 22.06.2019 19:40
Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08
Answers: 1
question
Business, 22.06.2019 20:10
Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.
Answers: 2
You know the right answer?
Larkspur Fashion Company enters into a lease arrangement with Highpoint Leasing for 5 years. Larkspu...
Questions
question
Medicine, 21.07.2021 06:20
question
Mathematics, 21.07.2021 06:20
question
English, 21.07.2021 06:30
Questions on the website: 13722363