1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spin [16.1K]
3 years ago
14

At January 1, 2019, Alpha leased restaurant equipment from Spring Corporation under a six-year lease agreement in a finance leas

e. The lease agreement specifies annual payments of $20,000 beginning January 1, 2019, the beginning of the lease, and at each December 31 thereafter through 2023. The equipment was acquired recently by Spring at a cost of $120,000 and was expected to have a useful life of eight years with no salvage value at the end of its life. Spring seeks a 5% return on its lease investments. The total decrease in earnings (pretax) in Alpha December 31, 2019, income statement would be:
Business
1 answer:
andrey2020 [161]3 years ago
7 0
Under 6 years ago in 2019 leases out
You might be interested in
1. What characteristics of sales promotions account for the high levels of expenditures that have been allocated to them in rece
Pani-rosa [81]

Answer:

1. Marketing a product with making an advertisement with a high paid cast requires a high level of expenditure. This type of sales promotion is considered an effective but expensive.

2. Sales promotion plays a vital role in the trade channel and also in business markets as by promoting a product the customer and consumer comes to know about the product and its features by which it can differentiate it with other similar products and if the promotion is effective the consumer demand will increase and thus both the consumers and customers will buy the product.

3. Integrated Marketing Communication (IMC) is considered a risky tool for sales promotion because in this method an organisation coordinates with many channels to spread their message which is risky because according to a survey almost 70% of the messages lost their initial meaning while reaching the third channel.  

Explanation:

1. Marketing a product with making an advertisement with a high paid cast requires a high level of expenditure. This type of sales promotion is considered an effective but expensive.

2. Sales promotion plays a vital role in the trade channel and also in business markets as by promoting a product the customer and consumer comes to know about the product and its features by which it can differentiate it with other similar products and if the promotion is effective the consumer demand will increase and thus both the consumers and customers will buy the product.

3. Integrated Marketing Communication (IMC) is considered a risky tool for sales promotion because in this method an organisation coordinates with many channels to spread their message which is risky because according to a survey almost 70% of the messages lost their initial meaning while reaching the third channel.  

4 0
2 years ago
During the current year, Paul, the vice president of a bank, made gifts in the following amounts: To Sarah (Paul's personal assi
nataly862011 [7]

Answer:

$78

Explanation:

Gifts made to customers or employees are deductible up to $25 per customer or employee:

  • Darryl $25 + $3 in wrapping costs
  • gifts to Darryl's wife is not tax deductible
  • Sarah $25
  • Veronica $25

total tax deductions = $78

8 0
3 years ago
During a recession, the best strategy of the Federal Reserve is to buy bonds sell government bonds, to make low risk sound asset
miss Akunina [59]

Answer:

To buy government bonds in order to increase aggregate demand.

Explanation:

When the Fed buys government bonds, it injects liquidity into the markets. This increase in the money supply lowers interest rates, increasing investment, and finally, boosting aggregate demand.

However, the Fed must be careful, because if the money supply grows too fast, or too much, instead of a boots for aggregate demand, what occurs is a spike in inflation rates.

7 0
2 years ago
Although monopolies are not allowed in the United States, the government does understand that in certain situations it doesn't
PtichkaEL [24]
False is the correct answer
3 0
2 years ago
If a price is too high to clear the market, that means
kipiarov [429]

Answer:

If a price is too high to clear the market, that means the quantity of supplies have exceeded the amount that is demanded.

Explanation:

Have a great summer :)

6 0
3 years ago
Read 2 more answers
Other questions:
  • Overcharging Medicare for care and services provided to patients is an example of Behavior
    8·1 answer
  • Assume the MPC is 0.8. Assuming only the multiplier effect matters, a decrease in government purchases of $100 billion will shif
    11·1 answer
  • Which of the following is NOT considered a key characteristic of a core capability: a. It is based on factors that are rare or u
    7·1 answer
  • Tom produces baseball gloves and baseball bats. Steve also produces baseball gloves and baseball bats, but Tom is better at prod
    8·1 answer
  • What is biosecurity? why is it an important area of research?
    12·1 answer
  • Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his main
    12·1 answer
  • Joaquin has $1,300 in the bank and has investments worth $4,000. He also has $7,000 worth of credit card debt. What is the total
    6·1 answer
  • A util is an artificial construct used as a means of measuring the A. costs of producing a good B. price of a good C. satisfacti
    11·1 answer
  • If the U.S. dollar becomes weaker in international markets, the net effects will include an increase in both short run aggregate
    14·1 answer
  • MSI is considering outsourcing the production of the handheld control module used with some of its products. The company has rec
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!