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Inessa05 [86]
3 years ago
7

On 1/1//2015, XYZ leases a machine from Super LeaseCo for four years. At the end of the lease term, title passes to XYZ. Payment

s of $4,000 are made at the BEGINNING of each year 1/1/2015, 12/31/15, 12/31/16, AND 12/31/17). The machine has a useful life of 6 years, with no salvage value. XYZ uses straight-line amortization. Lessee interest rates is 6%. Fair value of machine is $14,692 which is the price that Super LeaseCo. paid for the machine. Assumption 1 - Record all required entries for XYZ for 2015-2020.

Business
1 answer:
MaRussiya [10]3 years ago
4 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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A videogame company is losing market share because it fails to launch new product features in a timely manner. Decisions are cen
Ne4ueva [31]

Answer:

The correct word for the blank space is: bureaucracy.

Explanation:

Bureaucracy is an organizational structure by which companies set different layers with established functions. The purpose of bureaucracy is to specialize employees in a limited number of tasks and obtain higher proficiency in such a manner. However, bureaucratic institutions tend to have slow processes because the information must flow through many departments with centralized decision-making which in most cases bring unnecessary delays.

<em>By creating teams, this type of organization can put together employees with diverse expertise who can review data faster and take decisions as particular units instead of waiting for an executive to make the final decision.</em>

4 0
4 years ago
The following data pertains to Xena Corp.: Xena Corp. Total Assets $23,610 Interest-Bearing Debt (market value) $11,070 Average
slavikrds [6]

Answer:

Option (B) is correct.

Explanation:

Given that,

Total Assets = $23,610

Interest-Bearing Debt (market value) = $11,070

Average borrowing rate for debt = 10.2%

Common Equity:

Book Value = $6,150

Market Value = $25,830

Marginal Income Tax Rate = 37%

Market Beta = 1.73

Hence,

Weight on equity capital = Equity ÷ (Debt + Equity)

                                         = 25,830 ÷ (11,070 + 25,830)

                                         = 25,830 ÷ 36,900

                                         = 70%

Therefore, the weight on equity capital is 70%.

6 0
3 years ago
Sending your boss a christmas card after he had first sent you one would best be seen as an example of
Sidana [21]
Giving back.
Copying.
Returning a favor.
7 0
4 years ago
In the Month of March, Digby received orders of 164 units at a price of $15.00 for their product Don, and in April receives an o
qwelly [4]

Answer:

Sales for March, 164 * 15 = $2,460

Explanation:

According to the accrual system, the purchases and sales are recorded when they occur. When compared to the cash basis, they are only recorded when actual cash is received or paid for them.

For March the transaction of 164 units has occurred and thus this sale will be recorded.

Sales for March, 164 * 15 = $2,460

This is the revenue recorded for March under accruals, for cash this would have been 0.

Hope that helps.

8 0
4 years ago
Agencies responsible for collecting taxes, both domestic and external, include the irs for income taxes, the u.s. customs servic
Reptile [31]
They are called the revenue agency
Revenue agency had full jurisdiction in all territories within the nation.
The agency is a federal owned organization that founded in 2003, and has been expanded ever sicne from around 3,000 employees to the 40,000 employees that we see today.
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4 years ago
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