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2 years ago

Please subscribe to my mom channel please i need 200 subscribe

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Misha Larkins [42]2 years ago

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Answer:

K i subbed

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umka2103 [35]2 years ago

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I already did it was cool in all but yea go get it tho

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At the beginning of its fiscal year, Lakeside Inc. leased office space to LTT Corporation under a nine-year operating lease agre

ziro4ka [17]

Answer:

a.Lakeside's earnings will reduce by $156,000

b. Lakeside's earnings will increase by $20,000.

Explanation:

The rental fee payment per quarter =$39,000.

The rental fee payment per year = $39,000 x 4 = $156,000

In this case, none of the classification criteria of a capital lease is met. Hence, the lease will be recorded as an operating lease and all the four quarterly payments will be recorded as rent expense by LLT. This will reduce LTT's earnings by $156,000.

Lakeside will record all the payments received from LTT as rent revenue since it is an operating lease. Also, because Lakeside is the owner of the asset, she will record depreciation on the asset too.

Thus,

Increase in lakeside's earnings = Rent revenue - Depreciation expense.

Rent revenue = $156,000

Depreciation expense = $3,400,000 / 25 = $136,000

Thus,

Lakeside's earnings will increase by $20,000 (that is , $156,000 - $136,000).

4 0

3 years ago

The lower of cost or market approach is Blank______ for companies that use Blank______. Multiple choice question. required under

LenaWriter [7]

The lower cost or market approach is (C) required under GAAP for companies that use LIFO or retail inventory.

<h3>What is market approach?</h3>

The market approach is a method of evaluating an asset's worth based on the selling price of comparable assets.
Along with the cost technique and discounted cash-flow analysis, it is one of three main valuation methodologies (DCF).

Companies that use LIFO or retail inventory are obligated by GAAP to use the lower cost or market method.
A realtor, for example, can gather information on comparable real estate sales in close vicinity to a client's property and modify those values to account for differences in land area and building square footage to arrive at a market-based valuation for the targeted property.

Therefore, the lower cost or market approach is (C) required under GAAP for companies that use LIFO or retail inventory.

Know more about the market approach here:

brainly.com/question/8084221

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The complete question is given below:

The lower cost or market approach is _____ for companies that use _____.

a. optional under GAAP; LIFO or the retail inventory

b. optional under GAAP; any method of inventory valuation

c. required under GAAP; LIFO or the retail inventory

d. required under GAAP; any method of inventory valuation

7 0

1 year ago

LCD Industries purchased a supply of electronic components from Entel Corporation on November 1, 2016. In payment for the $25.0

deff fn [24]

Answer:

We will use the following equations for this problem

a. (Initial cost Estimated output) × Actual yearly output

b. (Depreciable cost Yearly output) × Estimated output

c. Depreciable cost Yearly output

d. (Depreciable cost Estimated output) × Actual yearly output

8 0

3 years ago

What is the term for selling related products

kupik [55]

<span>Cross-sell is the practice of selling or suggesting related or complementary products to a prospect or customer. Cross selling is one of the easiest and most effective methods of marketing.</span>

8 0

3 years ago

Read 2 more answers

Ted purchased an annuity today that will pay $1,000 a month for five years. He received his first monthly payment today. Allison

victus00 [196]

Answer:

The correct option is E,Ted's annuity has a higher present value than Allison's

Explanation:

Both annuities do not have equal amount today as $1000 received today is higher in value terms than $1000 receivable in a month's time since cash receivable earlier is much more valued than the one receivable later.

Ted's annuity is an annuity due not an ordinary annuity

Allison's annuity is an ordinary annuity not annuity due

Allison's annuity has a lower present value than Ted's and not the other way round.

The only correct statement is option E,since Ted is expected to receive $1000 today, his annuity has a higher present value compared to Allison's

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3 years ago

Please subscribe to my mom channel please i need 200 subscribe ​

Please subscribe to my mom channel please i need 200 subscribe