The following facts pertain to a non-cancelable lease agreement between Faldo Leasing Company and Vance Company, a lessee.
Commencement date January 1, 2020
Annual lease payment due at the beginning of each year, 113,864
beginning with January 1, 2020$
Residual value of equipment at end of lease term, $50,000
guaranteed by the lessee
Expected residual value of equipment at end of lease term $45,000
Lease term 6 years
Economic life of leased equipment 6 years
Fair value of asset at January 1, 2020 $600,000
Lessor's implicit rate 8%
Lessee's incremental borrowing rate 8%
The asset will revert to the lessor at the end of the lease term. The lessee uses the straight-line amortization for all leased equipment.
Instructions
a. Prepare an amortization schedule that would be suitable for the lessee for the lease term.
b. Prepare all of the journal entries for the lessee for 2020 and 2021 to record the lease agreement, the lease payments, and all expenses related to this lease. Assume the lessee's annual accounting period ends on December 31.
c. Suppose Vance received a lease incentive of $5,000 from Faldo Leasing to enter the lease. How would the initial measurement of the lease liability and right-of-use asset be affected? What if Vance prepaid rent of $5,000 to Faldo?

Answer:

the current income tax expense or benefit is $103,583

Explanation:

The computation of the current income tax expense or benefit is shown below:

Current income tax expense is

= (pre - tax book income - favourable temporary difference + unfavorable temporary difference + unfavourable permanent difference) × tax rate

= ($365,000 - $13,750 + $97,000 + $45,000) × 21%

= $493,250 × 21%

= $103,583

We assumed the tax rate be 21%

hence, the  current income tax expense or benefit is $103,583

According to the graph and under the presumption that egg demand won't change, farmer Yokesalot should lay 50 eggs to maximise his profit.

According to the most recent poll, an agrarian family's income is just slightly more than one-third derived from agriculture. This typical family earns just Rs 3,798 per month from raising a variety of crops, Rs 1,582 from raising animals, Rs 641 from running a business, and Rs 4,063 from wages and salaries.

Milk and milk-related goods are always in high demand. As a result, we may claim that the dairy industry in India is the most lucrative one.

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Based on the given merchandising transactions, a journal entry has been prepared below:

No Date General Journal Debit Credit

1 Aug 01 Merchandise inventory $6,000

Accounts payable-Aron  $6,000

2 Aug 05 Accounts receivable-Baird $4,200

Sales  $4,200

3 Aug 05 Cost of goods sold $3,000

Merchandise inventory  $3,000

4 Aug 08 Merchandise inventory $5,000

Accounts payable-Waters  $5,000

5 Aug 09 Delivery expense $200

Cash  $200

6 Aug 10 Sales return and allowances $1,000

Accounts receivable-Baird  $1,000

7 Aug 10 Merchandise inventory $500

Cost of goods sold  $500

8 Aug 12 Accounts payable-Waters $500

Merchandise inventory  $500

9 Aug 14 Accounts payable-Aron $190

Cash  $190

10 Aug 15 Cash ($3,200 - $3,136) $3,136

Sales discounts ($3,200 x 2%) $64

Accounts receivable-Baird ($4,200 - $1,000)  $3,200

11 Aug 18 Accounts payable-Waters ($5,000 - $500) $4,500

Merchandise inventory ($4,500 x 1%)  $45

Cash ($4,500 - $4,455)  $4,455

12 Aug 19 Accounts receivable-Tux $3,600

Sales  $3,600

13 Aug 19 Cost of goods sold $1,800

Merchandise inventory  $1,800

14 Aug 22 Sales return and allowances $600

Accounts receivable-Tux  $600

15 Aug 29 Cash ($3,600 - $600) $3,000

Accounts receivable-Tux  $3,000

16 Aug 30 Accounts payable-Aron ($6,000 - $190) $5,810

Cash  $5,810

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Answer and Explanation: it's B

The banker that would be visited to raise large amounts of capital to buy another company is an investment banker

This is a person that is involved in helping to raise capitals for large corporations and organizations.

The answer to this question is best suited to the explanation because the banker is helping to raise the money that woiuld be used to acquire a company.

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Answer:

Hello!!! Princess Sakura here ^^

Explanation:

A net listing is illegal in all states. An open listing is an exclusive contract. A seller can sell his or her own home and owe no commission if he or she signs an exclusive agency listing.

Answer and Explanation:

The computation of the amount and the character of the renata gain or loss is shown below;

purchased equipment in 2018 $244,800

regular MACRS depreciation taken -$110,160

WDV as per MACRS method $134,640

Less: Sell the equipment  -$146,880

loss on sale of equipment -$12,240

There is a loss and that would be short term capital loss

In this essay, we explore Warren Buffett's ethical approach to business, compare it to Bernie Madoff's, and analyze the applicable ethical philosophies for each.

Here are the steps to be followed:

1. Introduction:

2. Warren Buffett's Approach to Business Dealings and Business Ethics:

3. Bernie Madoff's Approach to Business Dealings and Comparison to Buffett:

4. Application of Ethical Philosophies to Warren Buffett:

5. Ethical Philosophies Applicable to Bernie Madoff and Reasons:

6. Conclusion:

Remember to support your arguments with evidence, examples, and references to credible sources. Properly cite any sources used in your essay according to the appropriate citation style.

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The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.

In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:

1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.

2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.

3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.

4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.

5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.

6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.

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Explanation:

any one use inst agrambbhuhbbbbbbbh

According to the actual amount of output, the negative variance shows that more direct materials were used than anticipated.

Regular working hours, overtime hours, associated payroll taxes, social security, Medicare, unemployment, worker's insurance, retirement plan payments, and health insurance are all examples of direct labour expenditures.

1600 sets make up AQ (Actual Quantity of Direct Materials Used).

Finished goods manufactured = 700 units

Direct materials per unit of finished goods = 2 sets

As a result, 700 units of finished goods should have used a total of 1400 sets of direct materials, which is 700 units multiplied by 2 sets per unit.

SQ (Standard Quantity of Direct Materials Allowed) = 1400 sets

Using the following formula, we can now get the direct materials usage variance:

Direct materials usage variance = AQ - SQ

Plugging in the values:

Direct materials usage variance = 1600 sets - 1400 sets = 200 sets

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Answer:

bhruy5y4t4yt4hdjzvcxvcfg

Explanation:

Answer:

D.an agreement that it can be exchanged for something else.

Explanation:

The value is given thanks to the people who trust the group or gov. that is emmiting this money.

Answer:

Purchases a/c dr 20000

To cash a/c 15000

To Ram's a/c 5000

The statement that describes what a production possibility curve represent is: D.

Therefore, the statement that describes what a production possibility curve represent is: D.

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The Savings and loans  are  not an example of collaborators. Option B

Collaborators typically refer to individuals, groups, or entities that work together or cooperate on a project, initiative, or business endeavor. They often have some shared goals, interests, or responsibilities. Let's break down the other options to understand how they fit the concept of collaborators:

Public relations companies: These companies help businesses manage their public image and communications. They collaborate with businesses to shape their messaging, handle media relations, and enhance their reputation.

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Although all could potentially act as collaborators, Savings and Loans, being primarily financial institutions, are less commonly associated with the role of collaborators.

In the context of business and organizational collaboration, the options provided - Public relations companies, Customers, Savings and loans, and Marketing research firms, all can be considered as potential collaborators. However, if we focus on the most traditional definition, savings and loans, which generally refers to specific financial institutions, might be less associated with the role of collaborators in a standard business scenario. Unlike public relations companies, customers, and marketing research firms, savings and loans are primarily engaged in the sphere of financial transactions rather than collaborations for business strategy or product/service development.

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Answer:

a. The present value of the interest is:_________

PV of coupon payments = coupon x PV annuity factor, 4%, 16 periods = $180,000 x 11.652 = $2,097,360

b. The present value of the principal is:_________

PV of face value = face value x PV 4%, 16 periods = $6,000,000 x 0.534 = $3,204,000

c. The price of bond is:_________

market price of the bonds = $2,097,360 + $3,204,000 = $5,301,360

since the market rate is higher than the coupon rate, the bonds will always be sold at a discount

Answer:

needs further explanation

Explanation:

Answer:

Segmentation is to divide something into separate parts or sections

Joni buys coffee three times a week at the local donut shop is representative of quantitative data. The correct option is A.

Quantitative data consists of numerical quantities that can be quantified and statistically analyzed. In this scenario, the statement specifically mentions Joni's coffee consumption, revealing that she buys it three times a week. The number "three" signifies a quantity that may be calculated and compared. Quantitative analysis of this data can be used to determine average weekly coffee purchases or assess Joni's coffee intake in comparison to others.

Thus, the ideal selection is option A.

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Your Question seems incomplete most probably your complete Question was:

Which of these is representative of quantitative data?

A.Joni buys coffee three times a week at the local donut shop.

B. Andre prefers chocolate cake over vanilla.

C. Georgia prefers floral-scented soaps to sweet-scented soaps.

D. Sammy likes to watch horror movies more than comedy.

The liquidity preference framework was the bond demand and supply is consistent are the decrease in the money supply.

Liquidity Preference Theory is a model that suggests that an investor should demand a higher interest rate or payment on securities with long-term maturities that carry greater risk because, all other factors being equal, investors prefer cash or other highly liquid holdings.

It stimulates bond supply, moving the supply curve towards the right. This decreases the cost of bonds while raising the lending rate. The money supply curve swings to the left when the money supply falls, and the optimal interest rate rises. Bond supply and demand analysis yields the same result as the liquidity preference framework.

As a result, the liquidity preference framework was the bond demand and supply is consistent are the decrease in the money supply.

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Good for Eva then. lol

Answer:

TRUE

Explanation:

A divisional income statement as the name implies it talks about a summary of the revenue generated in a particular unit within a business enterprise after removing the divisional costs in the same particular unit. Divisional income statements are internal reports so they do not have to follow generally accepted accounting principles (GAAP) as the statements generated are done within an organization. The Generally Accepted Accounting Principles are rules, codes of conduct set by a financial regulating body to make business enterprise, corporate accounting do the right thing whenever they are publishing their financial reports and statements.

Answer:

A  raising capital for manufacturing and distribution

Explanation:

the greatest advantage of a corporation is that the entrepreneur can raise funds from a lot of different investors. Anyone that purchases stock form the company is investing money and helping the entrepreneur raise capital. If the project requires a lot of capital, the best way is to form a corporation. A sole-proprietorship or a partnership have limited sources for raising capital, plus the unlimited liability does not help either.

Answer:

Read the entire application

Explanation:

I'm on Odyssey - ware at this moment so if you're on there that should be it. In the sections 4 of 5 it stats " Read the entire job application before beginning. This helps you decide what information is required and where it will be placed on the application. "

Sorry I'm very late, but hope this helps anyone doing this question as well!

Answer:

D read the entire application. Mark brainlest.

Explanation:

Answer and Explanation:

The journal entries are shown below:

On 2022

For Jan 1

Cash Dr $3,650,227

  To Premium on bond payable $250,277

  To bond payable $3,400,000

(Being bond payable is issued for cash)

For Dec 31

Interest expense ($3,650,227 × 6%) $219,014

Premium on bond payable $18,986

     To Interest payable ($3,400,000 ×7%) $238,000

(Being interest expense is recorded)

On 2023

For Jan 1

Interest payable $238,000

        To Cash $238,000

(Being cash paid)

Interest expense ($3,650,227 - $18,986) × 6%) $217,874

Premium on bond payable $20,126

     To Interest payable ($3,400,000 ×7%) $238,000

(Being interest expense is recorded)

Answer:

b. False

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

It is considered to be one of the most complicated and expensive type of organization.

Generally, a corporation is considered to be perpetual in nature and it is a body that comprises of a group of people such as directors, shareholders etc., who act as a single entity.

One of the advantage of a corporation is that, owners have limited liability for debt to the extent to which they have invested and as such are not personally liable for some of debt owed by corporation.

Hence, a director who becomes involved in litigation because of his or her position has a right to be indemnified or reimbursed for the costs involved or incurred.

Working in a bakery, a place that is always busy means having to multitask frequently. It's typical for a regular customer to stop by and ask how things are going or how the day is going. While they might mean well, it's vital to be alert and conscious of any other customers who may require assistance.

If you are working the bakery counter and one of your regulars, who is also a loyal customer/member, stops you for a chat, it's your duty to be courteous and give them a listening ear. You don't want to come across as rude or dismissive of them, especially if they are a regular customer. You must, however, also be attentive to your surroundings and the needs of other customers.

During a conversation, you must keep an eye on the other customers who are waiting in line or who may have a question. Take the time to listen to your customer, but remain aware of your surroundings. Maintain eye contact with the customer who is talking to you while also keeping an eye on the other customers in line.

If you notice that the other customer needs assistance, such as if they are raising their hand, looking around, or seeming agitated, you should politely interrupt the conversation and assist them. You can tell the customer that you are eager to help them but that you need to address the needs of the other customer first. They will understand and appreciate the honesty and effort.

In conclusion, it's critical to maintain a balance between showing concern for regular customers and being attentive to the needs of other customers. Being courteous and attentive to your customers is critical in the bakery business, as it can make or break your reputation and business.

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Groceries, apparel, electronics, books, and home products are the five items that are sold in stores close to my house. Shop owners, salespeople, the cashiers, guards for safety, and dry cleaners are the five jobs present in my trading center.

The separation of tasks and functions inside a system to boost production and efficiency is referred to as the division of labour and specialization.

Specialization enables workers to concentrate on the stages of the production process where they have an advantage, increasing productivity and output. The separation of roles and duties within a system is made possible by the division of labour, which boosts production and efficiency.

As a result, the significance of the five products sold in shops around home are the aforementioned.

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