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allsm [11]
3 years ago
10

On December 31, 20X1, Ball Company leased a machine from Cook for a 10-year period, expiring December 30, 20Y1. Annual payments

of $100,000 are due on December 31. The first payment was made on December 31, 20X1, and the second payment was made on December 31, 20X2. The present value at the inception of the lease for the 10 lease payments discounted at 10% was $676,000. The lease is appropriately accounted for as a finance lease by Ball. Required: Compute the December 31, 20X2, amount that Ball should report as a total finance lease liability after the lease payment has been made.
Required:
What portion of this total liability should be classified as a current liability?
Business
1 answer:
hjlf3 years ago
4 0

Answer:

<u>Therefore, the lease liability is $533,600 and the current liability is $46,640. </u>

Explanation:

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The marketing researcher for a game company is conducting an experiment to test customer reaction to the pricing of a new game d
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Answer:

The correct option is D) The design of the study suffers from selection bias.

Explanation:

In research, Selection Bias occurs when the researcher decides who the respondents are or those who are being evaluated or studied.

Every research ought to be designed in such a way that the respondents are selected at random.

In the information provided, the respondents were selected from a group of people who on a balance of probability were already inclined to decline because it was a list of dissatisfied customers. The chances of them declining to respond or responding with a negative were higher than the chances of them indicating that they would buy and this defeats the purpose of the research. The research ought to have also included a sample of respondents who didn't have the product, who had enjoyed the services of the company and were content, those who didn't even know what the product did until they got the survey.

That way holistic information can be obtained from the research about how different sets of people will react and not just those who are already dissatisfied with the company's product(s).

Some of the ways to avoid selection bias in research are:

  • To employ the use of random techniques selecting sample sets from populations.
  • To check that the traits or characteristics of the larger population are well represented in the samples selected

Cheers

4 0
2 years ago
Ivanhoe Company issued $1520000 of 6%, 5-year bonds at 95, which pay interest annually. Assuming straight-line amortization, wha
Mashutka [201]

Answer:

the journal entry to record bond issuance:

Dr Cash 1,444,000

Dr Discount on bonds payable 76,000

    Cr Bonds payable 1,520,000

amortization of discount on bonds payable = $76,000 / 5 = $15,000

coupon payment = $91,200

total interest expense per year = $106,200

total interest expense for the 5 year period = $106,200 x 5 years = <u>$531,000</u>

<u />

6 0
2 years ago
Account balances at the beginning of the year were: accounts receivable, $150,000; and inventory, $260,000. All sales were on ac
den301095 [7]

Answer: That class ain't for you vro.

Explanation:

7 0
3 years ago
On January 1, 2018, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To
Nikolay [14]

Answer:

$800

Explanation:

$800 = $400 cash + ($1.0 x 40 shares) common share + ($9 x 40 shares) adjusted price in common shares

3 0
3 years ago
From the consumer’s perspective, the elements of an imc strategy can be viewed as being either.
Furkat [3]

From the consumer’s perspective, the elements of an IMC strategy can be viewed as being either "Passive or Interactive."

<h3>What is IMC strategy?</h3>

The integrated marketing communications (IMC) plan transforms your marketing department from a collection of independent operations into one cohesive strategy.

IMC combines your numerous marketing materials and channels, including digital, social media, PR, and direct mail, into one trustworthy message.

The integrated marketing strategy includes-

  • IMC evaluation of a brand and also its main rivals.
  • IMC Report Card
  • Identifying a brand's, an organization's, or a person's main communications outlets.
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  • Timeline for the project, including deliverables and particular strategies
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Each integrated marketing communication approach should include three components:

  1. the target customer,
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To know more about integrated marketing communication strategy, here

brainly.com/question/7278281

#SPJ4

6 0
2 years ago
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