Why are you starting a zoom here? I confused
Answer:
a. $46,000
see the other answers in the explanation
Explanation:
(a) Fair value of leased asset to lessor $245,000
Less: Present value of unguaranteed residual value $24,335 X .63017
(present value of 1 at 8% for 6 periods) $15,335
Amount to be recovered through lease payments $229,665
Six periodic lease payments $229,665 ÷ 4.99271 $46,000*
*Present value of an annuity due of 1 for 6 periods at 8%.
b.
(c)
1/1/17
Lease Receivable 245,000
Cost of Goods Sold 229,665
Sales Revenue 229,665
Inventory 245,000
1/1/17
Cash 46,000
Lease Receivable 46,000
12/31/17
Lease Receivable 15,920
Interest Revenue 15,920
1/1/18
Cash 46,000
Lease Receivable 46,000
12/31/18
Lease Receivable 13,514
Interest Revenue 13,514
Answer:
i dont understand that
Explanation:
HAHAHHA SORRY IM FILIPINO
The answer is C - Being in college gives more opportunities to be employed due to your specialties.
Answer:
A. Bud stands at a counter helping customers with deposits and withdrawals.
C. Thanh analyzes a customer’s application for a mortgage in a mortgage company office.
E. Jill meets with a customer in a credit union to discuss a loan.
Explanation:
