The computation is shown below:
The amount which is to be recovered is equal to the purchase amount i.e $650,000
The present value of bargain purchase option is
= $150,000 × Present value factor at 6% for 6th period
= $150,000 × 0.704961
= $105,744
The amount to be recovers through periodic lease payment is
= $650,000 - $105,744
= $544,256
And, the annual lease payment is
= Recovered amount through periodic lease payment ÷ Cumulative Present value factor for annuity due at 6% for 6 periods
= $544,256 ÷ 5.212364
= $104,416
Answer:
The answer is: the products from Treetopplers are EXCLUDED from the GDP
Explanation:
The wood Treetopplers sold to Buildit and Partners are considered intermediate goods (goods that are used to produce other final goods) because they are materials used to build houses. They are not included in the GDP.
Only final goods and services are included in the GDP.
Answer: c. managers
Explanation:
The Sarbanes-Oxley Act of 2002 was passed into law after several accounting frauds rocked the nation in the early 2000's which included the Enron and the WorldCom sagas. These companies had engaged in fraudulent accounting recording practices that deceived investors and ultimately caused massive harm when they were discovered.
As a result, the aforementioned act was passed. One of it's key points is that Management will now be responsible for the accuracy of a firm's financial statements. This logic here is that they will scrutinize the statements more and ensure the accuracy of statements before they are released.
Answer:
$127,500
Explanation:
The computation of the estimated benefit is given below;
In the case when the sunglow does not applied the service in the year 2, so the loss in revenue is
= $4500 per day per road × 1 road × 16 days + $4500 per day per road × 2 roads × 10 days + $35000 × 1 day
= $72,000 + $90,000 + $35,000
= $197,000
Now in the case when it applied the service in year 2, so the expenses incurred is
= $50,000 + $500 per day per blocked road × 1 road × 16 days + $500 per day per blocked road × 2 roads × 10 days + $500 per day per blocked road × 3 roads × 1 day
= $50,000 + $8,000 + $10,000 + $1,500
= $69,500
So, the net benefit is
= $197,000 - $69,500
= $127,500