Entries by Hannah Wangui

B. Trucking signed a non-cancellable finance lease for a building with a useful life of 30 years. B. will pay $10,000 at the beginning of each of the next 30 years. The annual interest rate is 4%. There is a residual guarantee after 30 years of $100,000. At what amount should the company value the lease?

B. Trucking signed a non-cancellable finance lease for a building with a useful life of 30 years. B. will pay $10,000 at the beginning of each of the next 30 years. The annual interest rate is 4%. There is a residual guarantee after 30 years of $100,000. At what amount should the company value the lease?   Looking […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Lifeline Medical holds several operating and finance leases for buildings and equipment. Under the new rules, which of the following are they required to disclose? A. Sources of funds used to make lease payments; B. A table of total lease payments (not cancellable) for each of the next five years and total lease payments for all future years combined; C. A table of total non-cancelable lease payments for each of the next ten years; D. The amount of money saved over the last five years by leasing.. Under the new rules, which of the following are they required to disclose? A. Sources of funds used to make lease payments; B. A table of total lease payments (not cancellable) for each of the next five years and total lease payments for all future years combined; C. A table of total non-cancelable lease payments for each of the next ten years; D. The amount of money saved over the last five years by leasing.

 Lifeline Medical holds several operating and finance leases for buildings and equipment. Under the new rules, which of the following are they required to disclose?  A. Sources of funds used to make lease payments; B. A table of total lease payments (not cancellable) for each of the next five years and total lease payments for all […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Maintenance costs included in the lease agreement should be accounted for in which of the following ways? A. as a separate expense B. they are included in the present value of the lease if the lease is a finance lease and are expensed if the lease is an operating lease C. they are a separate asset D. they are always included in the present value of the lease

 Maintenance costs included in the lease agreement should be accounted for in which of the following ways? A. as a separate expense B. they are included in the present value of the lease if the lease is a finance lease and are expensed if the lease is an operating lease C. they are a separate […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

The current CEO of Sears is also the owner of a hedge fund. Since 2014, Sears has consistently obtained billions of dollars of loans from its CEO’s hedge fund. On Feb 1, 2018, Sears borrowed another 210 million from its CEO. Without details of the loans, what is the nature of the loan, from the perspective of the agent-principal relationship?

The current CEO of Sears is also the owner of a hedge fund. Since 2014, Sears has consistently obtained billions of dollars of loans from its CEO’s hedge fund. On Feb 1, 2018, Sears borrowed another 210 million from its CEO. Without details of the loans, what is the nature of the loan, from the perspective of […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"