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olga nikolaevna [1]
2 years ago
13

Crystal Corporation makes $2,300 payments every month for leasing office equipment. Crystal recorded a lease payment as follows:

Lease payable 1,380 Interest expense 920 Cash 2,300 Amortization expense 1,380 Right-of-use asset 1,380 Crystal must have a(n):
Business
1 answer:
alexandr402 [8]2 years ago
6 0

Crystal Corporation must have an <u>operating lease</u> as its makes $2,300 payments every month for leasing office equipment.

<h3>What is an operating lease?</h3>

An operating lease refers to a contractual agreement that permits use of an asset without actually transferring the full ownership rights to other party.

In conclusion, the firm have an operating lease as its makes $2,300 payments every month for leasing office equipment.

Read more about operating lease

<em>brainly.com/question/24460932</em>

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Unlike merchant wholesalers, ___________ never actually own the goods they help to distribute. rack jobbers retailers cash-and-c
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The correct answer is agents and brokers. Agents and brokers are considered to be a non-manufacturing traders by which they sell, buy, or even facilitate the traded products of which the goods that they sell are not theirs or they didn't actually owned it.
6 0
3 years ago
If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is
Mazyrski [523]

Answer:

The coupon rate is the stated periodic interest payment due to the bondholder at specified times. The bond's yield is the anticipated overall rate of return. If the bond's price changes and is no longer offered at par value, the coupon rate and the yield will no longer be the same as the coupon rate is fixed and yield is a derivative calculation based on the price of the bond.

4 0
1 year ago
An engineer is studying the slight differences in the length of roofing shingles that is being produced at his roofing company.
sladkih [1.3K]

Answer:

The statement is: True.

Explanation:

A common-cause variation shows changes because of unknown reasons within a series of undifferentiated produced items. The method aims to measure the accuracy of the manufacturing process given expected factors that could bring fluctuations in the output. Common-cause variations can be attributed to natural reasons such as employees' fatigue or distraction.

4 0
3 years ago
A company purchased a piece of equipment for $350,000 in 2008. As of 12/31/2015, $215,000 of depreciation expense had been recog
zhuklara [117]

Answer:

The equipment's net book value on 12/31/2015 is $ 135000.

Explanation:

Net book value of the equipment on 12/31/2015 is given by:

Net book value = cost of the equipment - depreciation expense recognized until 12/31/2015

                          = $ 350000 - $ 215000

                          = $ 135000

Therefore, the equipment's net book value on 12/31/2015 is $ 135000.

7 0
3 years ago
Assume that subway tokens are $1.50 today and the price will go up to $2.00 tomorrow. how many tokens would you buy?
Ivan

The number of tokens to be purchased will depend on the purchasing power of my present capital.

<h3>What is a subway tokens?</h3>

It means those metal or plastic disk that can be redeemed, used in designated slot machines which are mostly used to pay for entry to the subway system.

Despite that the effect of inflation could push the subway tokens which are $1.50 today to go up to $2.00, the number of tokens to be purchased will depend on the purchasing power of my present capital.

Read more about purchasing power

brainly.com/question/16467725

#SPJ1

7 0
1 year ago
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