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2 years ago

In a direct financing lease, the lessor's primary involvement in the lease is providing financing in exchange for:_____.

1 answer:

3 0

In a direct financing lease, the lessor's primary involvement in the lease is providing financing in exchange for Interest revenue

Interest revenue represents how much interest a company earned during a specific time period. This is interest earnings on any investments the business has or debts it has provided to an individual or other entity. Interest revenue appears on a company's income statement, so whatever the time period is on the income statement is the same period of time that the interest revenue is calculated from.

Both interest revenue and interest receivable amounts are the amount of interest a company has earned through certain transactions, partnerships and business dealings, but there are small differences between the two that can affect a company's balance sheets. You can consider any interest income that a company has earned to be interest revenue, whether or not the business has received the income.

Comparatively, interest receivable only refers to the interest income that a company has yet to receive from the customer, client or debtor who owes it. Instead, it's the interest the business expects to receive. Most companies record its interest receivable as a current asset on its balance sheet if it expects to receive the interest payment within the year.

Learn more about interest revenue here

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In an assembly operation at a furniture factory, 4 employees assembled an average of 600 standard dining chairs per 6-day work w

lubasha [3.4K]

Answer:

25 chairs per employee.

Explanation:

In this case labour productivity is the number of dining chairs per day over number of employees.

An average of 600 standard dining chairs were assembled per 6-day work week.

This means that, the number of dining chairs assembled per day is

$\frac{600}{6} = 100$

The number if employees is 4.

Therefore the labour productivity of this operation is:

$\frac{100}{4} = 25$

per employee.

4 0

3 years ago

Alan Jackson invests $20,000 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 yea

kondaur [170]

Answer:

a. $32,800

b. $37,019

c. $37,460

Explanation:

a. The computation of Total Amount Withdrawn by Alan when simple interest is shown below:-

Accumulated amount of money = Invested amount + (Rate of interest × Number of years)

= $20,000 + ($20,000 × 8% × 8)

= $32,800

b. The computation of Total Amount Withdrawn by Alan when annually Compounded is shown below:-

Accumulated amount of money = Invested amount × (1 + rate of interest)^Number of years

= $20,000 × (1 + 0.08)^8

= $20,000 × 1.85093

= $37,019

c. The computation of Total Amount Withdrawn by Alan when semi annually Compounded is shown below:-

Accumulated amount of money = Invested amount × (1 + rate of interest × Number of years ÷ 200)^16)

= ($20,000 × (1 + 0.08 × 8 ÷ 200)^16)

= $20,000 × 1.87298

= $37,460

Therefore we have applied the above formulas.

5 0

4 years ago

Sanford Co. sells $500,000 of 10% bonds on March 1, 2020. The bonds pay interest on September 1 and March 1. The due date of the

Ilya [14]

Answer:

Sanford Co.

Bond Amortization Schedule

Period PV PMT Interest FV

1 $468,951.03 $25,000.00 $28,137.06 $472,088.09

2 $472,088.09 $25,000.00 $28,325.29 $475,413.38

Year #1 end

3 $475,413.38 $25,000.00 $28,524.80 $478,938.18

4 $478,938.18 $25,000.00 $28,736.29 $482,674.47

Year #2 end

5 $482,674.47 $25,000.00 $28,960.47 $486,634.94

6 $486,634.94 $25,000.00 $29,198.10 $490,833.04

Year #3 end

7 $490,833.04 $25,000.00 $29,449.98 $495,283.02

8 $495,283.02 $25,000.00 $29,716.98 $500,000.00

Year #4 end

Explanation:

a) Data and Calculations:

Face value of bonds = $500,000

Proceeds from bonds = $468,951

Bonds Discounts = $31.049

Coupon interest rate = 10%

Effective interest rate = 12%

N (# of periods) 8

I/Y (Interest per year) 12

PMT (Periodic Payment) 25000

FV (Future Value) 500000

Results

PV = $-468,951.03

Sum of all periodic payments $200,000.00

Total Interest $231,048.97

8 0

4 years ago

Activities of a central motor pool that provides and services vehicles for the use of municipal employees on official business s

Neko [114]

Answer:

c. Internal Service Fund

Explanation:

Internal Service Fund -

It refers to the sum of amount required to track the motion of any goods and services from one department to another , is referred to as internal service fund .

The amount spend on the internal service fund is used to determine the complete cost of providing the services and goods .

For example , maintenance is an example of the internal service fund .

Hence , from the given information of the question ,

The correct answer is c. Internal Service Fund .

4 0

4 years ago

Joint costs are Select one: A. costs incurred prior to the split-off point when producing products that appear simultaneously. B

ahrayia [7]

Answer:

A. costs incurred prior to the split-off point when producing products that appear simultaneously.

Explanation:

Joint costs are costs incurred prior to the split-off point when producing products that appear simultaneously.

In cost and manufacturing accounting, a joint cost is a cost incurred in a joint process or during a joint production of more than one output and may include direct material, direct labor, and overhead costs incurred before the split-off point.

7 0

3 years ago