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3 years ago

6

Air Atlantic has leased out a 3-year old jet under a 10-year arrangement. The lease requires the lessee to pay Air Atlantic annu

al payments of $450,000 beginning next year. If Air Atlantic can invest at 10 percent annually, what is the lease arrangement worth to it

1 answer:

TiliK225 [7]3 years ago

8 0

Answer:

$2,513,582.06

Explanation:

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Suppose a local company has the following balance sheet accounts:

const2013 [10]

Answer:

Equipment $12,000

Notes payable $13,000

Explanation:

We know that

Total assets = Land + cash + equipment + prepaid rent + supplies

$30,000 = $8,000 + $6,200 + equipment + $2,200 + $1,600

$30,000 = $18,000 + equipment

So, the equipment = $30,000 - $18,000

= $12,000

Current liabilities = Salaries payable + account payable + notes payable

= $3,300 + $1,200 + notes payable

= $4,500 + notes payable

Total assets = Total liabilities + Shareholder equity

$30,000 = $4,500 + notes payable + $12,500

$30,000 = $17,000 + notes payable

So, the notes payable

= $30,000 - $17,000

= $13,000

3 0

4 years ago

What was a new deal program established to relieve unemployment during the great depression by providing national conservation w

allsm [11]

Hello there!

Your answer would be the <u>Civilian Conservation Corps (CCC).</u>

The reason why the Civilian Conservation Corps would be your answer is because this was one of the earliest programs in the new deal that focused to relieve unemployment ratings for young unmarried men. This program was originally for men of ages 18-25, but then moved to 17-28. This program was in operation from 1933 to 1942, and did a ton of work during that time period to get young men back on their feet and working again. This programs was founded by President Franklin D. Roosevelt, the president that brought up the new deal plan and put it into action.

In this program, they had many projects for the young men to do. In the projects, they had the men:

Fight forest fries
Maintain the forest roads and trails
Build flood barriers
Plant trees

This program pretty much did whatever they can to get the men to stop thinking about what's going on with them financially because of the great depression. The program provided labor jobs to the men so they could get back to working and make money, this is specifically talking about the people who had trouble finding jobs during the great depression. At the end up the day, this program costed someone $30 a month for clothing, shelter, and food.

7 0

3 years ago

In this market, the equilibrium hourly wage is $ , and the equilibrium quantity of labor is thousand workers. Suppose a senator

olga2289 [7]

Answer:

The equilibrium hourly wage is the wage where the curve of supply of labor intersects with that of the demand for labor. The same goes for the equilibrium quantity of labor.

The equilibrium hourly wage is <u>$10</u>, and the equilibrium quantity of labor is <u>450 thousand workers</u>.

If a Senator introduces a minimum hourly wage, this is considered a <u>Price Floor. </u>

Price floors are prices that that the government mandates that one cannot charge below for a good or service. If there is a price floor on cake for instance, a person is not allowed to charge less than that price floor for cake. The Senator's bill is therefore saying that people should not be paid less than $6 an hour.

7 0

3 years ago

Alcohol for legal purposes is defined as

Ad libitum [116K]

The Beverage Act is the Answer

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5 0

4 years ago

Why can internet banks offer better interest rates and lower fees than tradition banks?

Maurinko [17]

C I think bro Ishtar

6 0

3 years ago