subject
Business, 02.12.2019 19:10 boemeh459

Mays company has a machine with a cost of $750,000 which also is its fair value on the date the machine is leased to park company.
the lease is for 6 years and the machine is estimated to have an unguaranteed residual value of $75,000.
if the lessor's interest rate implicit in the lease is 12%, the six beginning-of-the-year lease payments would be :


a. $162,874.

b. $154,623.

c. $146,587.

d. $125,000.

ansver
Answers: 3

Another question on Business

question
Business, 02.02.2019 02:11
Select the correct answer. the word intestate means that a person has died with or without a will?
Answers: 1
question
Business, 02.02.2019 00:43
If i put a new roof on my office building is the entire cost deductible on my 2017 taxes
Answers: 2
question
Business, 01.02.2019 06:40
If foster company acquires all of the common stock of bava, inc. where will the entries necessary to arrive at consolidated balances appear?
Answers: 2
question
Business, 31.01.2019 20:40
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
You know the right answer?
Mays company has a machine with a cost of $750,000 which also is its fair value on the date the mach...
Questions
question
Geography, 23.03.2016 18:03
question
Mathematics, 24.03.2017 03:11
question
Biology, 10.12.2015 21:18
Questions on the website: 6616170