Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 05 Jun 2017 My Price 11.00

Palmer Company leased equipment to Woods Corporation

On January 1, 2012, Palmer Company leased equipment to Woods Corporation. The following information pertains to this lease.

1.   The term of the noncancelable lease is6years, with no renewal option. The equipment reverts to the lessor at the termination of the lease.
2.   Equal rental payments are due on January 1 of each year, beginning in 2012.
3.   The fair value of the equipment on January 1, 2012, is $233,000, and its cost is $195,720.
4.   The equipment has an economic life of 8 years, with an unguaranteed residual value of $10,560. Woods depreciates all of its equipment on a straight-line basis.
5.   Palmer sets the annual rental to ensure an8% rate of return. Woods’s incremental borrowing rate is9%, and the implicit rate of the lessor is unknown.
6.   Collectibility of lease payments is reasonably predictable, and no important uncertainties surround the amount of costs yet to be incurred by the lessor.


(Both the lessor and the lessee’s accounting period ends on December 31.) I need the annual rent payment.

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Jun 2017 11:06 PM My Price 11.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â-----------  -----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------. P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)