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3 years ago

In a finance lease:

Business

1 answer:

Maslowich3 years ago

7 0

Answer:

A) the lessee records an asset and a liability for the present value of lease payments.

Explanation:

In a finance lease, the lessee business must estimate the present value of its obligations under the lease contract (using the lease's interest rate as the discount rate) and record it in the balance sheet as:

a debit entry under the fixed asset account
a credit entry under the capital lease liability account

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If a population consists of the positive even numbers through 30 aqnd if A= (2,6,12,24), what is A?

blondinia [14]

Um im sorry i tried idk

5 0

3 years ago

A consumer has $180 in monthly income to spend on two goods, D and G, where D is on the y-axis. The price of good D, PD is $6, a

olga2289 [7]

Answer:

The number of units of good G that can be purchased if all income is used to purchase good G is 15 units.

Explanation:

Since D is on the y-axis, indicating G is on the x-axis, the formula for calculating the marginal rate of transformation (MRT) is given as follows:

MRT = - PG / PD …………………. (1)

Where:

MRT = Marginal rate of transformation = -2

PG = Price of good G = ?

PD = Price of good D = $6

Substituting the relevant values into equation (1) and solve for PG, we have:

-2 = - PG / $6

PG = -2 * (-6) = $12

Therefore, we have:

Number units of good G if all income is spent on it = Monthly income / PG = $180 / $12 = 15

Therefore, the number of units of good G that can be purchased if all income is used to purchase good G is 15 units.

7 0

2 years ago

Atlas Hardware buys power tools with a list price of $25,500. If the supplier offers trade discounts of 10/20/5, find the trade

ladessa [460]

Answer:

$8058

Explanation:

10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.

In the given case, single equivalent discount would be calculated as follows,

$25,500 × 10% = $2550

Then, ($25,500 - 2550) × 20%= $4590

Then, ($25,500 - 2550 - 4590) × 5% = $918

Single equivalent discount amount = $2550 + 4590 + 918 = $8058

4 0

3 years ago

A product sells for $250 per unit, and its variable costs per unit are $181. The fixed costs are $430,000. If the firm wants to

brilliants [131]

Answer:

$6600

Explanation:

Given: Selling price= $250 per unit

Variable cost= $181 per unit.

Fixed cost= $430000.

Expected Profit= $25400.

Let´s assume the number of units sold be "x".

Revenue (R) = $250\times x= \$250x$

Cost of product (C)= $\$ 181\times x+ \$ 430000$

∴ Cost of product (C)= $\$ 181x+ \$ 430000$

Now, finding the number of unit sold.

Forming an equation for profit.

We know, Profit= $Revenue-cost$

⇒ $\$ 25400= 250x- (181x+430000)$

Opening parenthesis.

⇒ $25400= 250x- 181x- 430000$

⇒ $25400= 69x- 430000$

Adding both side by 430000

⇒ $455400= 69x$

Dividing both side by 69

⇒ $x= \frac{455400}{69}$

∴ $x= 6600 units$

Hence, total number of units sold to earn $25400 is 6600 units.

6 0

3 years ago

Check Laura won $5,000,000 in the state lottery, which she has elected to receive at the end of each month over the next 30 year

Svetllana [295]

Option 'C' is correct

<u>Explanation:</u>

Present value of an ordinary annuity of $1

The present value of an annuity is the current value of future payments from an annuity, given a specified rate of return or discount rate.

$\text { Annuity amount }=\$ 5,000,000 / \mathrm{PVAF}(7 \% / 12,360 \text { periods })$

The future estimation of cash is determined by utilizing a rebate rate. The markdown rate alludes to a financing cost or an accepted pace of profit for different speculations. The littlest markdown rate utilized in these figurings is the hazard free pace of return. U.S. Treasury bonds are commonly viewed as the nearest thing to a hazard-free venture, so their arrival is regularly utilized for this reason.

6 0

3 years ago