1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eduardwww [97]
2 years ago
10

Pizza ltd. leased equipment from Tasty Company under a four-year lease requiring equal annual payments of sh.86, 038, with the f

irst payment due at lease inception. The lease does not transfer ownership, nor is there a bargain purchase option. The equipment has a 4-year useful life and no residual value. If Pizza ltd.’s incremental borrowing rate is 10% and the rate implicit in the lease (which is known by Pizza ltd.) is 8%, what is the amount recorded for the leased asset at the lease inception?
Business
1 answer:
adoni [48]2 years ago
8 0

Answer:

Sh. 300,001.60

Explanation:

Note: <em>Missing word has been attached</em>

Particulars                                                     Amount

Annual payments                                          86,038

x PV Annuity due 8%, 10 periods                 3.48685

Amount recorded for the leased asset      300,001.60

You might be interested in
____ focus on achieving standardization of components, systems, and services and application of currently used purchased items o
pishuonlain [190]
The answer is B: Standardization measures 
8 0
3 years ago
Domestic telecommunication companies in the United States are struggling due to foreign competition. How can the US government h
katrin2010 [14]

Answer:

A. The government should implement subsidies as they would help domestic businesses be able to afford to lower the prices of their goods and thus become more competitive.

Explanation:

The government adoption of subsidies in order to support domestic telecommunication is the most effective solution in the long run. Domestic firms will be able to compete with lower prices as the cost and expenses structure would have a lighter burden over revenue.

4 0
3 years ago
Read 2 more answers
A contract or ________ stipulates in writing all the client's requirements and gives all of the relevant information.
Scrat [10]

It should be noted that contract or event profile is usually stipulated in writing all the client's requirements and gives all of the relevant information.

An event profile can be regarded as set of event scripts, which helps to give description about an event.

This profile or contract do list out all the requirements that is needed by a company from the client in executing their services.

Therefore, contract or event profile serves  all the client's requirements and gives all of the relevant information.

Learn more about contract or event profile at:

brainly.com/question/24858866

7 0
2 years ago
You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery
Eduardwww [97]

Answer: The expected loss is $2.3

Explanation:

Total number of tickets to be sold = 100 tickets

one $450 prize, the expected gain = 450 x (1/100)  = $4.5

two $110 prizes, the expected gain = 110 x (2/100) = $2.2

four $25 prizes. the expected gain = 25 x (4/100) = $1

Expected gain (loss) = Total expected gain - Cost of the ticket

                                  = (4.5 + 2.2 + 1 ) - 10

                                  = (2.3)

The expected loss is $2.3

5 0
3 years ago
Read 2 more answers
Suppose a relatively poor country receives foreign aid to be used for education.​ However, a large portion of the money is stole
makkiz [27]

Answer:

True

Explanation:

There are two reason which suggest that action will generate greater inequality.

1. some amount is stolen by government official thus fund is getting allocated to person who are already self-sufficient hence causing inequality

2. even left portion of fund is not allocated proportionally to all the area and thereby increasing the inequality.

6 0
3 years ago
Other questions:
  • Which of the following would a macroeconomist consider as investment? A. Marisa purchases a bond issued by Proctor and Gamble Co
    15·1 answer
  • ▼ Cash Flow Present Discounted Value Interest Rate is based on the notion that a dollar paid in the future is less valuable than
    14·1 answer
  • Joseph is an unemployed yard landscaping worker who is trying to find employment as he last had work seven months ago. He is now
    10·1 answer
  • Look at the graph. A medical device company is selling a new diagnostic tool at the equilibrium price of $15. The company hires
    11·2 answers
  • The Giles Agency offers a 8% trade discount when providing advertising services of $1,000 or more to its customers. Audrey’s Ant
    6·1 answer
  • A check drawn by a company in payment of a voucher for $965 was recorded in the journal as $695. This item would be included in
    8·1 answer
  • How free maket economy operates
    9·1 answer
  • What actions might be taken to reduce the risk associated with a loan to start the business? Give examples please​
    14·1 answer
  • From the next year onwards, Colt Systems is estimated to have an EBIT of $15 million. It will also spend $6 million annually on
    10·1 answer
  • Which market characteristic could best be described as market participants focusing production on a selection of goods and servi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!