desember5677 desember5677

03-03-2020
Business

contestada

Munchin Manufacturing Company leases an asset to Peter Inc in a sales-type lease. The present value of the lease payments is $400,000 and the cost of the asset is $330,000. At the beginning of the five-year lease term,
a. Munchin should recognize a profit of ____________.

Respuesta :

ProfLincoln ProfLincoln

03-03-2020

Answer:

$70000

Explanation:

Given:

Current value of lease payment = $400000

Real cost of the asset = $330000

Profit at the beginning of the lease term is also the same as the current profit at the present value of lease = $400000 - $330000

= $70000

Answer Link

Otras preguntas

Your food costs are $5,500. Your total food sales are $11,000. What percent of your food sales do the food costs represent?

answers to 6,7,8 pleaseee?

PLEASE HELP!!!! 1) In triangle THE, what is the measure of angle T (in degrees)? 2) In triangle BAT, the measure of angle B is 66∘, and the measure of angle T i

The weight V of an object on Venus varies directly with its weight E on Earth. A person weighing 120 lb on Earth would weigh 106 lb on Venus. How much would a p

who was Marshall McLuhan and what did he have to do with communication theory?

Which of the following best describes the proper use of a "Works Cited" page? (a)-A Works Cited page is not needed if you paraphrase your research. (b)-A Wo

1. The _______________________ is the thinnest part of the earth. 2. The ______________________ is the thickest part of the earth. 3. What metals are mentioned

11. You want to calculate the displacement of an object thrown over a bridge. Using -10 m/s2 for acceleration due to gravity, what would be the total displaceme

Which of the following sex and generation combinations directly produces the pollen tube of angiosperms?A) male gametophyteB) female gametophyteC) male sporophy

PLEASE HELP ME W THIS PROBLEM