On December 31, 2018, Perry Corporation leased equipment to Admiral Company for a five-year period.
The annual lease payment, excluding nonlease components, is $42,000.
The interest rate for this lease is 11%.
The payments are due on December 31 of each year.
The first payment was made on December 31, 2018.
The normal cash price for this type of equipment is $155,000 while the cost to Perry was $134,000.
For the year ended December 31, 2018, by what amount will Perry's earnings increased due to this lease (ignore taxes)?
Answers: 1
Business, 22.06.2019 12:20
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Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$
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Answers: 2
On December 31, 2018, Perry Corporation leased equipment to Admiral Company for a five-year period....
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