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
insens350 [35]
3 years ago
13

In a lease that is recorded as a finance- sales type lease by the lessor, interest revenue ___________.a. should be recognized o

ver the period of the lease using the effective interest method. b. should be recognized over the period of the lease using the straight-line method. c. should be recognized in full as revenue at the lease’s inception. d. does not arise.
Business
1 answer:
valina [46]3 years ago
8 0

Answer:

B

Explanation:

In a lease that is recorded as a finance- sales type lease by the lessor, interest revenue should be recognized over the period of the lease using the effective interest method

The effective interest method uses a constant rate of interest applied to any outstanding lease obligation. Though the interest rate being constant, the interest

expense will be different each period because the obligation outstanding changes each period, so this should be recognized when recorded

You might be interested in
Gary invested $1,000 in large U.S. stocks. This investment earned 15.05 percent in 2012, 33.35 percent in 2013, 11.50 percent in
anyanavicka [17]

Answer:

The answer is: Average return Gary earned is 14.97%.

Explanation:

Please find the below for detailed explanation and calculations:

The total increase of Gary's investment in large U.S. stocks from 2012 to 2015 is calculated as : (1+15.05%) x (1+33.35%) x (1+11.50%) + (1+ 2.10%) = 1.747 times. That is, he will get 1,000 x 1.747 = $1,747 at the end of 2015.

The average return of Gary's investment in large U.S. stocks from 2012 to 2015 ( 4 year period) is: [ (The fourth root of 1.747) - 1] x 100% =14.97%.

8 0
3 years ago
In the "Case Nugget," Ziva Jewelry Inc., v. Car Wash Headquarters Inc., the plaintiff left his car and keys with a car wash empl
Olenka [21]

Answer:

That the car wash was not liable to the plaintiff because the car wash employees had no notice they were taking responsibility for so much jewelry.

Explanation:

The case of Ziva Jewelry Inc., v. Car Wash Headquarters Inc involved a salesperson Stewart who locked jewellery in his car and took it to the car wash.

He did not disclose that there was expensive jewelry in the car.

The attendant finished washing the car and signalled to Stewart that his car was ready and walked away from the car.

Before Stewart could pay the bill someone had taken the car. Although the police recovered the car the jewellery was stolen.

Zeva Jewellry filed a motion against the car wash that they did not excercise due care in returning the vehicle.

In this instance the car wash was not liable because Stewart did not disclose there was expensive jewelry in the car.

Also the attendant had finished with his car and informed him of this. So it was out of their care when the car theft occured

3 0
2 years ago
__________ work schedules are associated with good child adjustment. Group of answer choices Weekend Full-time Flexible Night-ti
Svetllana [295]

Flexible work schedules are associated with good child adjustment.

<h3>What is Schedule?</h3>

This is defined as planned activities which are to be done at a particular time.

Good child adjustment requires a flexible work schedule because any thing can come up when taking care of a child which is why it's the most appropriate choice.

Read more about Schedule here brainly.com/question/25037276

4 0
1 year ago
Digit designs manufactures high-quality gloves and other accessories. it already uses both computer-aided design and computer-ai
Sloan [31]

Answer:

computer integrated manufacturing

Explanation:

Computer integrated manufacturing is a method that uses entirely computer based manufacturing to produce goods. CIM is the way that individual processes are made to communicate with one another to properly automate production.

William is interested in using computer integrated manufacturing to create communication between computer-aided design system and computer-aided manufacturing system.

8 0
2 years ago
A form which records the check amount, date, payee and purose of the check is called a:_______
liubo4ka [24]

A form that records the cheque amount, date, payee and purose of the check is called a <u>debit</u>.

A cheque, or take a look at (American English; see spelling variations), is a report that orders a financial institution (or credit union) to pay a particular amount of money from a person's account to the person in whose name the cheque has been issued.

The character writing the cheque, referred to as the drawer, has a transaction banking account (often called a cutting-edge, cheque, chequing, checking, or proportion draft account) wherein the cash is held. The drawer writes diverse information inclusive of the monetary quantity, date, and a payee on the cheque, and symptoms it, ordering their bank, known as the drawee, to pay the amount of money said to the payee.

Learn more about cheque here: brainly.com/question/20591376

#SPJ4

5 0
1 year ago
Read 2 more answers
Other questions:
  • The marginal utility for the third unit of X is 63 utils, and the marginal utility for the fourth unit of X is 56 utils. Assume
    8·1 answer
  • Suppose you live in New York City and the government has imposed price ceilings on apartment rental rates. You want to rent an a
    11·1 answer
  • You overhear a newly graduated RN telling one of your colleagues that leadership and management belong to the unit manager and n
    10·1 answer
  • Consider a two-period endowment economy populated by identical house- holds with preferences defined over consumption in period
    7·1 answer
  • According to the information presented in this​ video, porter's five forces model is used to evaluate an​ organization's _____.
    15·1 answer
  • After 8 years of working for a company that installed underground sprinkling systems for golf courses, Trevor was ready to ventu
    7·1 answer
  • The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calcu
    7·1 answer
  • What is one advantage of starting a business in hard times
    8·2 answers
  • Robert Klassen​ Manufacturing, a medical equipment​manufacturer, subjected 90 heart pacemakers to 5,000 hours of testing. Halfwa
    14·1 answer
  • The downward slope of a demand curve illustrates the pattern that as ________ decreases, ________ increases.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!