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
Sholpan [36]
3 years ago
12

On January 1, 2017, Seven Wonders Inc. signed a five-year noncancelable lease with Moss Company. The lease calls for five paymen

ts of $277,409.44 to be made at the end of each year. The leased asset has a fair value of $1,200,000 on January 1, 2017. Seven Wonders cannot renew the lease, there is no bargain purchase option, and ownership of the leased asset reverts to Moss at the lease end. The leased asset has an expected useful life of six years, and Seven Wonders uses straight-line depreciation for financial reporting purposes. Its incremental borrowing rate is 12%. Moss’s implicit rate of return on the lease is unknown. Seven Wonders uses a calendar year for financial reporting purposes. Both companies use ASC 840 to account for leases.

Business
1 answer:
zaharov [31]3 years ago
5 0

Answer:

Please see attachment

Explanation:

Please see attachment

You might be interested in
Name four reasons for the success of the mongols as conquerors
vagabundo [1.1K]
Here are some of the reasons why the Mongols were so successful as conquerors:
1 they had Genghis Khan - he was a military genius who managed to train his army well and lead them into many battles
2 they were numerous - there were over 10,000 people in the Mongolian army
3 their military strategists were quite crafty - they relied on setting traps and tricking their enemies
4 they used cruelty and fear - everyone was afraid of the Mongols and what they would do to them if they caught them
7 0
4 years ago
What is a opportunity cost?
Alexandra [31]

Answer: An opportunity cost is a benefit ,profit, or value of something that must be given up to in order to achieve something else.

Explanation:

5 0
4 years ago
A portfolio consists of 40% in Security A and 60% in Security B. The covariance matrix for A is 144, 225; for B is 225, 81. The
zheka24 [161]

Answer:

A portfolio consists of 40% in Security A and 60% in Security B. The covariance matrix for A is 144, 225; for B is 225, 81. The standard deviation for the portfolio is <u>12.7</u>

Option D is correct

Explanation:

Wa: 0.4

Wb: 0.6

a^2: 144

b^2: 81

Cov(a,b): 225

Portfolio Variance:

: (0.4*0.4*144) + (0.6*0.6*81) + (2*0.4*0.6*225)

: 160.2

Portfolio Standard Deviation: 12.7

6 0
4 years ago
Read 2 more answers
When BBG Inc. was preparing to roll out a new performance management system, Kayla, the human resource executive, insisted that
Kazeer [188]

Answer:

D)- When employees see performance measures as fair, they are likelier to apply the feedback.

Explanation:

There is a book named 'the 4 disciplines of execution' where the author relates the importance of metrics in the performance of the team. Having the measures in mind permit us to compare and react to the objectives demanded by the organization.

4 0
3 years ago
Which is a feature of a perfectly competitive market?
levacccp [35]

Answer: products are standardized or homogeneous

Explanation:

 Products are standardized or homogeneous for the perfectly competitive market as, in the case of the competitive industry there are no barriers in the industry to entry. The products are homogeneous in the nature and there is large numbers of the firms are perfectly substituted in the industry. So, the price elasticity of the demand for the firm product is infinite.

8 0
4 years ago
Other questions:
  • Keenan received a number of letters from his constituents complaining that traffic in their city is too congested. He discussed
    15·2 answers
  • How should office workers prevent workplace hazards?
    5·1 answer
  • Stan read an ad in the newspaper which said that the jackpot for picking the six winners in the dog race on the last night of th
    15·1 answer
  • Justin has hired someone to handle all of the financial issues for his small business. He hired a:
    7·1 answer
  • You are assisting in a real estate transaction. The title examination reports that there is an outstanding loan to Second Bank a
    6·1 answer
  • "In the summer 2012 the lobster catch in Maine was especially large, but instead of celebrating the fisherman were suffering fro
    12·1 answer
  • When determining the human resources needs for a well-known engineering firm, the HR director realized that the company lacked e
    12·1 answer
  • All of the following are advantages of decentralization except:__________.
    14·1 answer
  • Stan’s savings account has a balance of $2257. After 5 years, what will the amount of interest be at 10% compounded quarterly?
    9·1 answer
  • When a company maintains its price but removes or prices separately one or more elements that were part of the former offer, suc
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!