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ladessa [460]
3 years ago
7

Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in the lake and is causin

g the death of the fishes in the lake. This is an example of a negative .
Business
1 answer:
kogti [31]3 years ago
7 0
Feedback loop or feedback system
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A lease agreement that qualifies as a finance lease calls for annual lease payments of $50,000 over a four-year lease term (also
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year   beginning       interest       payment   total              ending

          balance          payment                       payment       balance

<em>1          150000               0               50000    50000      150000</em>

<em>2        100000            10500           50000    60500      100000</em>

3        50000              7000            50000     57000      50000

4.       0                       3500             50000     53500       0  

b. The balance of the lease liability reported would be $ 150000

Interest payable would be $150000*0.07 = 10500

Explanation:

the opening balance is without the $50000 paid at the beginning of every year.

interest for the previous year is paid on the beginning of the current along with the payment for the year at the beginning.

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