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vlabodo [156]
3 years ago
5

A firm leases equipment under a long-term finance lease (analogous to an installment purchase) that calls for 12 semiannual paym

ents of $39,014.40. The first payment is due at the inception of the lease. The annual rate on the lease is 6%. What is the value of the leased asset at inception of the lease?
Business
1 answer:
Wittaler [7]3 years ago
6 0

Answer:

PVAD = $39,014.40 × 10.25262 * = $400,000

*PVAD of $1: n = 12; i = 3%

Explanation:

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Wayne Company's beginning and ending inventories for the month of June were as follows:
ipn [44]

Answer:

d. $487,750

Explanation:

Cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $145,000 +  $200,000 +  $ 170,000 + ($5.75 x  25,000) - $171,000

                                                =  $487,750

Note : Only overheads applied $143,750 ($5.75 x  25,000) are added to cost of goods manufactured instead of actual overheads.

Conclusion

the amount of cost of goods manufactured is  $487,750

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3 years ago
Novak Corporation amended its pension plan on January 1, 2020, and granted $152,280 of prior service costs to its employees. The
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26762.74

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average time until retirment = 5.69 years

prior service cost amortization for 2020 = $152,280/5.69

prior service cost amortization for 2020 = $26762.74

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3 years ago
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Flura [38]

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I would have to say that its probably gonna be B

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Man it keeps recomending your questions XD its Human capital
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