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NNADVOKAT [17]
3 years ago
14

Glade Company leases computer equipment to customers under direct financing leases. The equipment has no residual value at the e

nd of the lease term, and the leases do not contain bargain purchase options. Glade wishes to earn 8% interest on a five-year lease of equipment with a fair value of $323,400. Use tables (PV of 1, PVAD of 1, and PVOA of 1) (Use the appropriate factor(s) from the tables provided.) Required:
Compute the total amount of interest revenue that Glade will earn over the life of the lease. (Round your intermediate and final answers to 2 decimal places.)
Business
1 answer:
Dennis_Churaev [7]3 years ago
5 0

Answer:

$51,588.70

Explanation:

The computation of the total amount of interest revenue is shown below:-

Annual lease payments = Fair value of Equipment ÷ PV factor of $1 annuity due

= $323,400 ÷ (1 + (1 - (1.08)^-4) ÷ 0.08)

= $323,400 ÷ 4.31213

= $74,997.74

Now,

Total interest revenue = Gross lease payments receivable - Fair value

= $74,997.74 × 5 - $323,400

= $374,988.70 - $323,400

= $51,588.70

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Under classified balance sheet, common stock and retained earnings are reported separately

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Under equity section of balance sheet, common stock and retained earnings are line items i.e they are reported under equity section of balance sheet separately.

The total of these two should also be separated i.e the total is a line item also. And this forms the total equity provided there are no other line items for the for the period again.

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3 years ago
Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever pa
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A) ​a liquidated damages clause.

Explanation:

In contract law, a liquidated damages clause establishes a specified amount of money set as damages in case any of the parties involved breach a contract.

The specified amount of money should be an estimate of the damages that a breach in the contract would cause.

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3 years ago
an investment property generates a cash flow of $420,000 and appraises for $8,800,000. what is the owner’s return on investment?
Licemer1 [7]

The owner’s return on investment  is $4,583,000

Investment definition is an asset received or invested in to build wealth and keep money from the tough earned earnings or appreciation. funding that means is generally to reap a further source of profits or benefit take advantage of the funding over a selected period of time.

Making an investment is a powerful way to put your money to work and probably build wealth. smart investing may additionally allow your money to outpace inflation and boom in value. The greater growth potential of investing is primarily because of the power of compounding and the chance-go-back tradeoff.

Within the maximum sincere feel, investing works when you buy an asset at a low rate and promote it at a higher price. This sort of go back to your investment is called a capital benefit. earning returns with the aid of selling assets for a profit—or figuring out your capital profits—is one way to make cash investing.

$550,000 ÷ 0.12 = $4,583,000

Learn more about investment here brainly.com/question/25300925

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1 year ago
Yan wants to attract customers specifically searching on Google for Time-B-Gone, his company's unique office-support product. Hi
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B. Page feeds .

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D. Categories from dynamic search engines .

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AdWords dynamic ad campaigns make use of the technology used by Google to index each website on the network and understand what is the content of it. These campaigns do not work with keywords, but with the content of the web page, therefore it is very important that you have a good structure of it since to a large extent, the success of the DSA campaign will depend on it.

In this way, you can indicate in AdWords what parts of your site you want to use in your DSA campaigns so that, when a user does a search related to the content of those pages, you can attend to it with an ad where the title of the It is generated dynamically based on the search made by the user and the content of the site, leaving it up to you to define the text of the descriptive line, so you should try to make it as attractive as possible.

5 0
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Consider a public policy aimed as e-cigarettes. Assume the elasticity of demand is 0.4. If a Juul with two pods cost $40.00 and
Iteru [2.4K]

In order to reduce the Juuling by 20%, price would have to rise by 50%.

<h3>What is price elasticity of demand?</h3>

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.

<h3>What should be the percentage rise in price?</h3>

0.4 = 20%/ price

price = 20% / 0.4

= 50%

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

6 0
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