Answer:
$62,160
Explanation:
Given:
Purchase price = $300,000
Down payment = 10% of purchase price = 0.1 × $300,000 = $30,000
Thus,
the cumulative amount to be financed = $300,000 - $30,000 = $270,000
The present value of an annuity of $1 per year for 8 years at 16% = $4.3436
Now,
Annual payment
= ( Cumulative Amount financed ) / ( Cumulative PV factor at 16% for 8 years)
= $270,000 / 4.3436
= $62,160.42
≈ $62,160
The owner within the organization has to be RBS certified. Responsible Beverage Service training teaches servers how to serve alcoholic beverages responsibly for on-premises consumption while also reducing alcohol-related harm in California communities.
The new California law covers more than just bartenders and servers. This new law will have an impact on the entire alcohol industry. requiring nearly everyone to participate in a Responsible Beverage Training course (RBS). Depending on your location, the Study Material and final exam will take between 2 and 6 hours. The exam is 90 minutes long and must be completed in one sitting.
To learn more about Beverage, click here.
brainly.com/question/4399585
#SPJ4
Answer:
HERE IS MY SONG/LYRIC:
BADABING BING BING BOOM BOOM BOOM
YOU SHALL FACE THE BRAINLY MODS
AND SOON MEET YOUR DOOM
BRAINLIEST WOULD BE NICE
IF YOU DONT, IN YOU BED YOU WILL FIND DOZENS OF MICE
Answer:
The natural monopoly will have incentives for efficiency and innovation
Explanation:
Monopoly my be defined as taking or having an excessive control or charge over the trade of a particular commodity or product or the control over the supply of a particular product on the market by one particular group or person.
In the context, the cost-plus approach requires the monopoly in order to change the price which includes normal return to the average cost. So the monopolist does not have any incentive for innovating efficient technology so as to reduce its cost. Thus we can promote innovation and efficiency by not using the cost plus policy.
Answer:
C. The lessee is not expected to exercise the option to purchase the leased asset.
Explanation:
On January 1, Year 5, Company A leased a customized forklift to Company B (lessee) for a lease term of 10 years. The lease includes an option for the lessee to purchase the leased asset at the end of the lease term. The expected residual value of the forklift at the end of Year 10 is minimal and is not guaranteed. The present value (PV) of the sum of the lease payments is $70,000. Company A has classified the lease as a sales-type lease. Which of the following is not a criterion for the lessor to classify the lease as a sales-type lease?
A. The forklift is expected to have no alternative use to Company A at the end of the lease term.
B. The forklift’s remaining economic life is 11 years on the lease commencement date.
C. The lessee is not expected to exercise the option to purchase the leased asset.
D. The fair value of the forklift at the time of lease commencement is $75,000
A lease in a contract agreement in which the lessee pay the lessor after the use of an item such building, equipment, vehicle, etc. It is a contractual agreement between two people.
Sales type lease is a lease in which the price of the leased property at the beginning is different from the carrying amount and ownership is given back to the lessor at the end of the lease period. This type of lease exists when (a) the lease is not classified as operating and (b) the lessor gets both interest income and a profit (or loss) on the transaction. Therefore, the fair market value of the leased asset is more than the lessor’s cost to purchase the asset.
