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Anton [14]
2 years ago
9

Marcia believes that people have an internal set of conditions that are largely responsible for determining their actions in lif

e. Marcia would probably be most affiliated with which school of psychological thought
Business
1 answer:
AleksandrR [38]2 years ago
3 0

Answer:

This is psychologically a trait.

Explanation:

The reason is that in psychology, trait means a character that has an influence on the person behavior. This character varies from person to person. We can see that the some people who study from Harvard were also the fraudster (Enron Company Collapse). So this not a blame to Harvard University. What I am trying to say is that gaming people was in their character and that Harvard don't encourages unethical actions. This is in the character of the people and this is trait that these characters influence the person behavior and he takes actions which are based on this character.

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Which two advantages do home buyers have over renters?
Snowcat [4.5K]
Answers A and E seem correct. B makes no sense. C makes no sense. and my renters insurance was very cheap vs property insurance.
5 0
3 years ago
Read 2 more answers
Bonds are a popular source of financing because Question 24 options: bond interest expense is deductible for tax purposes, while
Anna11 [10]

Answer:

bond interest expense is deductible for tax purposes, while dividends paid on stock are not.

Explanation:

Bonds may be defined as the instrument of the indebtedness of bonds issuers to holders. A bonds helps a company to save to taxes as the bond's interest is tax deductible whereas on equity the dividend is paid after the tax profits. Thus bonds are an popular source of financing.

4 0
3 years ago
Tamarisk Leasing Company agrees to lease equipment to Vaughn Corporation on January 1, 2020. The following information relates t
____ [38]

Answer:

1. Finance lease to Vaughn Corporation

Sales-type lease

2. Annual Rental = $ 137,604

3. Lease Liability = $ 741,418

4. Vaughn Corporation.

2020

Jan. 1

Dr Lease Equipment $741,418

Cr Lease Liability $741,418

Jan. 1

Dr Lease Liability $137,064

Cr Cash $137,064

Dec. 31

Dr Depreciation Expense $99,488

Cr Accumulated Depreciation - Finance Lease $99,488

Dec. 31

Dr Interest Expense $66,479

Cr Interest Payable $66,479

2021

Jan. 1

Dr Lease Liability $70,585

Dr Interest Payable $66,479

Cr Cash $137,064

Dec. 31

Dr Depreciation Expense $99,488

Dr Accumulated Depreciation - Finance Lease $99,488

Dec. 31

Dr Interest Expense $58,715

Dr Interest Payable $58,715

5. Tamarisk Leasing Company.

2020

Jan. 1

Dr Lease Receivable $760,000

Dr Cost of Goods Sold $541,000

Cr Sales Revenue $760,000

Cr Inventory $541,000

Jan. 1

Dr Cash $137,064

Cr Lease Receivable $137,064

Dec. 31

Dr Interest Receivable $62,294

Cr Interest Revenue $62,294

2021

Jan. 1

Dr Cash $137,064

Cr Lease Receivable $74,770

Cr Interest Receivable $62,294

Dec. 31

Dr Interest Receivable $54,817

Cr Interest Revenue $54,817

Explanation:

1. Discussion of the nature of this lease for both the lessee and the lessor.

(i) Based on the information given it is a Finance lease to Vaughn Corporation reason been that the term of the lease is higher than 75% of the leased asset economic life based on the fact that the term of the leaseis 78% calculated as (7/9).

(ii) Based on the information given Tamarisk Leasing Company reason been the lease payments can be predictable because their are no uncertainties concerning the costs that is yet to be incurred by the lessor, and secondly the term of the lease is higher than 75% of the asset’s economic life because the amount of $ 760,000 of the equipment is above the lessor’s cost of the amount of $ 541,000 which is why the lease is a Sales-type lease

2. Calculation of Annual Rental Payment

Annual Rental = {FV - (RV * PVF(n=7 years, r=10%))} / PVADF(n=7 years, r=10%)

Annual Rental = {$ 760,000 - ($ 45,000 * 0.51316} / 5.35526

Annual Rental = $ 137,604

3. Calculation of Lease Liability to the Lessee.

First step

Present Value of Annual Payments = $ 137,604 * PVADF(n= 7 years, r=11%)

Present Value of Annual Payments = $ 137,604 *5.23054

Present Value of Annual Payments = $ 719,743

Present Value of Guaranteed Residual Value = $ 45,000 * PVF(n= 7 years, r=11%)

Present Value of Annual Payments = $ 45,000 * .48166

Present Value of Annual Payments = $ 21,675

Hence,

Lease Liability = $ 719,743 + $ 21,675

Lease Liability = $ 741,418

4. Preparation of the Journal Entries for Vaughn Corporation.

2020

Jan. 1

Dr Lease Equipment $741,418

Cr Lease Liability $741,418

Jan. 1

Dr Lease Liability $137,064

Cr Cash $137,064

Dec. 31

Dr Depreciation Expense $99,488

Cr Accumulated Depreciation - Finance Lease $99,488

($ 741418 - $ 45,000) ÷ 7 years

Dec. 31

Dr Interest Expense $66,479

Cr Interest Payable $66,479

($ 741418 - $ 137,064) * 11%

2021

Jan. 1

Dr Lease Liability $70,585

Dr Interest Payable $66,479

Cr Cash $137,064

Dec. 31

Dr Depreciation Expense $99,488

Dr Accumulated Depreciation - Finance Lease $99,488

Dec. 31

Dr Interest Expense $58,715

Dr Interest Payable $58,715

($ 741418 - $ 137,064 - $ 70,585) * 11%

5. Preparation of the Journal Entries for Tamarisk Leasing Company.

2020

Jan. 1

Dr Lease Receivable $760,000

Dr Cost of Goods Sold $541,000

Cr Sales Revenue $760,000

Cr Inventory $541,000

Jan. 1

Dr Cash $137,064

Cr Lease Receivable $137,064

Dec. 31

Dr Interest Receivable $62,294

Cr Interest Revenue $62,294

($ 760,000 - $ 137064) * 10%

2021

Jan. 1

Dr Cash $137,064

Cr Lease Receivable $74,770

Cr Interest Receivable $62,294

Dec. 31

Dr Interest Receivable $54,817

Cr Interest Revenue $54,817

($ 760,000 - $ 137064 - $ 74,770) * 10%

7 0
3 years ago
On June 30, 2018, Georgia-Atlantic, Inc., leased a warehouse facility from IC Leasing Corporation. The lease agreement calls for
telo118 [61]

Answer:

The fair value of the warehouse at June 30th, 2018 is 4,100,001 dollars

Explanation:

We have to calculate the present value of annuity-due (first payment is done at the beginning of the period) for eight payment of 604,152 dollars at 10% discount rate

C \times \frac{1-(1+r)^{-time} }{rate}(1+r) = PV\\

C 604,152.00 dollars

time: 4 years x 2 payment per year: 8

rate: 10% annual thus: 0.10 / 2 = 0.05 semiannual rate

604152 \times \frac{1-(1+0.05)^{-8} }{0.05}(1+.05) = PV\\

PV $4,100,001.0608

5 0
3 years ago
umulative trauma disorders are a common type of musculoskeletal disorders (MSDs). Select the statement which is accurate about c
Bad White [126]
The answer is B or A but i would go with A.hope its right
8 0
3 years ago
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