Farm Co. leased equipment to Union Co. on July 1, Year 4, and properly recorded the sales-type lease at $135,000, the present value of the lease payments discounted at 10%. The first of eight annual lease payments of $20,000 due at the beginning of each year of the lease term was received and recorded on July 3, Year 4. Farm had purchased the equipment for $110,000. What amount of interest revenue from the lease should Farm report in its Year 4 income statement

Answers

Answer 1

Answer:

the  amount of the interest revenue is $5,750

Explanation:

The computation of the amount of the interest revenue is shown below:

The first payment will decrease the principal as the interest has not begins to accrue

= $135,000 - $20,000

= $115,000

Now the interest should be  

= $115,000 × 10% × 6 months ÷ 12 months

= $5,750

Hence, the  amount of the interest revenue is $5,750


Related Questions

impact of lockdown on business​

Answers

Explanation:

Impact on lockdown on business It has been very tough time for buisness  as far as we know buisness hasnt last long enough and there has been very huge losses.

What are variables used by Honda to segment the market? Why do they use those variables to segment?

Answers

Answer and Explanation:

Honda market segmentation is based mainly on three market segmentation factors: demographics, behavioural factors, and psychographic factors. Demographic factors include: income/household income, age, family size etc. Behavioural factors include: purchasing behaviour, buying patterns etc. Psychographic factors include: psychological traits that affect a person's consumption habits, e.g- people that attach prestige to cars, people that prefer expensive cars etc.

Honda makes use of these segments in understanding their market, thereby grouping it's consumers into various segments which share same buying patterns, motivations, interests, or habits. For instance, Honda's market is mostly focused at individuals who do not want pricey cars; cars that are affordable and at the same time durable. This market is mostly made up of middle income individuals, therefore Honda would group these consumers accordingly.

A cash equivalent is a short-term, highly liquid investment that is readily convertible into known amounts of cash and Group of answer choices is acceptable as a means to pay current liabilities. has a current market value that is greater than its original cost bears an interest rate that is at least equal to the prime rate of interest at the date of liquidation. is so near its maturity that it presents insignificant risk of changes in interest rates.

Answers

Answer:

so near its maturity that it presents insignificant risk of changes in interest rates.

Explanation:

As we know that the cash equivalent i.e .short term and also classified as the highly liquid investment that is always ready to convert into the cash amount i.e. near to its maturity also at the same time it represent the non-significant changes risk with respective to the rate of interest

Therefore the last option is correct

help me now please and thank you

Answers

Answer:

3000

Explanation:

Who has the most goals in fifa history​

Answers

Answer:

Pele

explanation:

In 1.9k+ goals

Harriet Kirby, a fund raising manager at a women's rights organization, experienced a bad incident last year with the public relations manager of a banking company who had committed to sponsor a charity event. The bank backed out at the last minute. This year, when a renowned international bank executive showed interest in sponsoring the organization's upcoming annual event, Kirby rejected their participation. She felt that banks have a casual approach toward charity events and it is risky to involve them in the event. Which of the following best characterizes Kirby's decision?
A) selective perception
B) cognitive dissonance
C) self-serving bias
D) bandwagon effect
E) self-fulfilling prophecy

Answers

Answer:

A

Explanation:

selective perception is a form of bias when new information is interpreted in a way that conforms to existing values and beliefs.

Which expense category will most likely be changed to allow money for the purchase of a car?
O savings
groceries
Outilities
o entertainment

Answers

entertainment! for sure. you dont need to go to the movies but you need food lol

It is likely that the savings category will be changed to allow money for the purchase of a car.

What is saving?

Saving refers to the act of setting aside a portion of income or resources for future use. It is a critical aspect of personal finance as it allows individuals to plan for their long-term financial goals and provides a safety net in case of unexpected expenses or emergencies.

Saving can be done in a variety of ways, such as opening a savings account, investing in stocks or other assets, or simply keeping cash in a safe place. The amount saved can be small or large, depending on one's income and financial goals.

Some people save for specific goals, such as a down payment on a house or a college education for their children, while others save to build an emergency fund or to save for retirement.

Learn more about saving, here

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A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 400 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 20%, that electricity can be purchased at $0.10 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero.

Answers

Answer:

9241.08 Hrs

Explanation:

Calculation to determine Approximately how many hours per year will the solar panels need to operate to enable this project to break

Let n represent hour of operation per year for breakeven

Breakeven annual cost = Annual savings

$1,800,000 * (A/P, 20%,20) = 400 * n * 0.1

$1,800,000 * 0.205357 = 400 * n * 0.1

n = 369,643/ 40

n= 9241.075

n=9241.08 Hrs (Approximately)

Therefore Approximately how many hours per year will the solar panels need to operate to enable this project to break will be 9241.08 Hrs

What caused china's phenomenal economic growth rate over the last 30 years, and why is it likely unsustainable in the long run?

Answers

Answer:

What caused china's phenomenal economic growth rate over the last 30 years

There are many causes for China's economic miracle in recent decades.

The first cause is that China decided to open the country to foreign investment in some parts of the country, the famous Special Economic Zones, the first one having been located in the city of Shenzhen, north of Hong Kong. This flow of capital boosted inustrial growth.

The second cause is that China became a manufacturing powerhouse due to lower labor costs, reason why most developed countries outsourced a large precentage of their manufacturing sector to China.

A third cause is that the Chinese government worked closely with both domestic firms and foreign firms in specific sectors, promoting a mixed economy in between economic planning and a market economy.

why is it likely unsustainable in the long run?

China's growth is likely unsustainable in the long run because as a country develops and catches up with the advanced world, its rate of growth tends to fall due to a myriad of reason, from capital exhaustion to lower demographic growth, to a less dynamic consumer market in several sectors.

possible reasons for the poor performance of the monopolies​

Answers

Answer:

Supply can be restricted to keep prices high. This leads to underprovision, or scarcity. Thus, according to general equilibrium economics, a monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.

Explanation:

Intra-industry trade between similar trading partners allows the gains from ______________________ that arise when firms and workers specialize in the production of a certain product.
a. comparative advantage
b. learning and innovation
c. creating the value chain
d. relative advantage

Answers

Answer:

b. learning and innovation

Explanation:

Intra-industry trade can be regarded trade involving exchange of similar products which belongs to the same industry. Intra-industry trade as a term

is usually used as regards to international trade, whereby same services or types of goods is been imported and exported. Learning and innovation skills usually spring out from a particular firm base it's speciality on one kind of products. It should be noted that Intra-industry trade between similar trading partners allows the gains from learning and innovation that arise when firms and workers specialize in the production of a certain product.

Answer:

Learning and innovation

Explanation:

A rise in stock prices and housing prices
A. increases household wealth which in turn increases consumption and leads to an upward movement along the consumption function.
B. reduces consumption due to increase in prices and causes the consumption function to shift downward.
C. increases household wealth which in turn increases consumption and leads to an upward shift of the consumption function.
D. does not affect consumption because they do not have any direct impact on disposable income.

Answers

Answer:

B

Explanation:

In the Sales Comparison Approach, if the subject has a better location than the comparable, the appraiser would need to adjust the comparable value: Group of answer choices down. None of these, the appraiser never adjusts the comparables. it depends. up.

Answers

Answer:

The answer is up

Explanation:

The sales comparison approach assumes that the value of a property depends on what other comparable properties are selling for in the current market. Ideally, the comparables would exactly be the same as the subject property in terms of age, size, location, view, quality etc.

So if the subject has a better location than the comparable, the appraiser would need to adjust the comparable value UP

Which of the statements below is​ TRUE? A. Buying of shares is the selling of ownership in the company. B. A company is said to go​ "private" when it opens up its ownership structure to the general public through the sale of common stock. C. Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company. D. Most companies have the resident expertise to complete an initial public offering​ (IPO), or first public equity issue.

Answers

Answer:

C. Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company.

Explanation:

Private companies could go to the general public by selecting to sale the  stocks in order to attract permanent financing via equity ownership of the company because they can sale the shares easily on the primary market in order to increased the finance also it will be help for raising the firm for the long period as the equity financing is considered for the long term financing

Hence, the option c is correct

Which of the factors of industrialization does Baines cite in the reading? Check all that apply water power to run machines rivers for transportation of goods a growing population to work in factories natural resources for production natural resources for production wealthy people to invest in manufacturing

Answers

Answer: • Water power to run machines

• rivers for transportation of goods

• natural resources for production

Explanation:

Industrialization is when am economy moves from the agricultural sector to the industrial sector.

The factors of industrialization does Baines cite in the reading include:

• Water power to run machines

• rivers for transportation of goods

• natural resources for production

The factors affecting industrialization are water power to run machines, rivers for transportation of goods, and natural resources for production.

The industrialization process promotes the expansion of industries, businesses, and corporations in the economy. Here, water energies are utilized by industries for facilitating production activities, operating machinery, and cleaning purposes.

Similarly, rivers are also a major transportation mode for the transition of goods and raw materials that gives a boost to the production facilities of the business.

Finally, natural resources are the basis for raw materials for the industries depending on which further production processes are performed.

Learn more about industrialization here:

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What degree of risk is necessary to classify an activity as ultrahazardous?
A. No risk is needed
B. Moderate degree
C. High degree
D. Low degree

Answers

what degree of risk is necessaryto classify anactivity as ultrahazardous?

C is the answer

Central City was awarded two state grants during its fiscal year ending September 30, 2020: a $2 million block grant that can be used to cover any operating expenses incurred during fiscal 2021, and a $1 million grant that can be used any time to acquire equipment for its police department. For the year ending September 30, 2020, Central City should recognize in grant revenue in its fund financial statement (in millions):

Answers

Answer:

$1 million

Explanation:

The computation of the grant revenue recognized in the fund financial statement is presented below;

Given that

The $2 million could be used for covering up the operating expense and $1 million could be used for purchasing an equipment

So as per the given situation, the $1 million should be recognized

Therefore the same should be considered

According to Olivier Blanchard, Europeans are more likely to use increases in real wages resulting from technological progress to increase ______, and Americans are more likely to use these increases in real wages to increase ______. unemployment insurance benefits; efficiency wages hours of leisure; consumption of goods and services hours of work; hours of leisure consumption of goods and services; hours of leisure

Answers

Answer: hours of leisure consumption of goods and services;

Explanation:

Real wage is the wage that has been adjusted as a result od inflation.

Based on the information given, according to Olivier Blanchard, Europeans are more likely to use increases in real wages resulting from technological progress to increase (hours of leisure) and Americans are more likely to use these increases in real wages to increase the (consumption of goods and services).

According to recent data, only 36 percent of Uber's current employees are women. How do you think this situation helped perpetuate a flawed corporate culture?

Answers

The situation that should help for a flawed corporate culture should be explained below:

The following information should be considered:

If we considered the business type where uber begins i.e. there is the lack of skilled & experienced professionals.The workforce should have a less rating.There is non-fair treatment like sexual harassment.

Therefore we can conclude that the 36% of the present employees of uber that contains women perpetuates a flawed corporate culture.

Learn more about the culture here: brainly.com/question/13599991

A classmate excitedly tells you of what he believes to be a good deal. He goes on and on about signing up for a free 30-day trial of ad-free music on your smartphone. You decline the offer because you have seen deals like these before. You explain that while he might be enjoying the new Selena Gomez and Miley Cyrus tracks now, he needs to be sure to cancel before the trial is up. The music company is hoping that you will feel indebted to them for all the free music that was streamed and allow the payment to process. This is one application of the

Answers

Answer:

reciprocity principle

Explanation:

A reciprocity principle is a form of socio-psychological principle in which individuals generally tend to pay back in good, and in any form of capacity for whatever favor they receive.

Hence, in this case, the music company is hoping the the "reciprocity principle" will work on consumers that subscribe to free music as they might wish to give back to the company based on consumers feeling indebted to them for all the free music that was streamed

er book 3 Project 2021 Explain TWO major consequences for Boni and Pale should they be negligent in performing their duties.​

Answers

Answer:

er book 3 Project 2021 Explain TWO major consequences for Boni and Pale should they be negligent in performing their duties.

Even though the country faces political instability, an island nation with wide, expansive beaches is a destination hub for cruise lines. Recently, a large theme park company showed strong interest in buying land on this island with the intent of building a park targeted toward families. The company wants to make a commitment to the island, including the hiring of several hundred local employees. It is using a global marketing strategy called

Answers

Answer:

Foreign direct investment

Explanation:

In simple words, An investment in the shape of substantial participation in a firm in one nation by an organization located in another nation is known as a foreign direct investment. A sense of direct control distinguishes it from a foreign portfolio investment.

Thus, from the above we can conclude that the correct answer is foreign direct investment.

Claude is a single father with 2 children. He can work as a stock clerk at Supermaxi store for $8 per hour up to 1,500 hours per year. He is eligible for welfare, and if he does not earn any income, he will receive $15,000 a year. If Tim works, the government policy is to deduct 70 cents from his welfare stipend for every $1 that he earns in income. This government policy provides a monetary incentive to work, because Group of answer choices

Answers

Answer: D. Tim’s income level increases the more he works.

Explanation:

Tim's income for the year = Salary from working + Welfare

Lets say Tim works 200 hours in a year.

His salary will be:

= 8 * 200 hours

= $1,600

Welfare:

70 cents off for every $1 so the amount they will deduct from Welfare is:

= 0.7 * 1,600

= $1,120

They will deduct this amount from the welfare of $15,000 and give Tim the rest.

Total income = 1,600 + (15,000 - 1,120)

= $15,480

Lets say Tim works 500 hours a year.

Salary is:

= 500 * 8

= $4,000

Amount to be deducted for welfare:

= 0.7 * 4,000

= $2,800

Total income:

= 4,000 + (15,000 - 4,000)

= $16,200

Notice how the income goes up as Tim works more. This policy therefore provides a monetary incentive to work harder.

A big mining company wants to open a mine . The social costs are greater than the social benefits. Should the company carry on with this project or not?

Answers

Answer: They should not

Explanation:

The Social cost of a project refers to the total cost that society incurs as a result of the project. This includes the actual costs to the investors as well as the cost to society such as pollution. Likewise the social benefit is the entire benefit that accrues from the project.

When using the Social Cost Benefit Analysis, one should not pick a project that has a higher social cost than social benefit because it would lead to a social loss. In order words, the project would cost society more than society would benefit from it so there is no need to embark on such a project.

During the listing presentation, it would be appropriate for broker Ted to present the statutory written statement regarding brokerage services. Ted should also caution the sellers that until they definitely decide to list with him, they should not reveal information that may later hurt their negotiation position with a buyer because Ted might later be required to reveal that information should he be dealing with a buyer-client. What else should Ted discuss with the sellers during the listing presentation

Answers

Answer: a. The listing agreement they will use

b) Ted's office policy regarding intermediary brokerage

c) Ted's office policy regarding commission splits with "other" brokers

Explanation:

Apart from the fact that the statutory written statement regarding the brokerage services will be presented, it is appropriate for Ted to discuss the following with the sellers.

• The listing agreement they will use

• Ted's office policy regarding intermediary brokerage

• Ted's office policy regarding commission splits with "other" brokers.

These are needed to ensure that both the sellers and the buyer understands each other's stand and the agreement that are in place to ensure a smooth transaction.

A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of its currency to appreciate.

Answers

Answer:

true

Explanation:

The exchange rate is the rate at which one currency is exchanged for another currency

If interest rate is higher in a country compared to other countries, investors would be interested in investing in that country because they would earn a higher return for their investment.

As a result of the higher flow of funds into the economy with the higher interest rate, the demand for the country's currency increases. If the demand increases relative to supply, the value of that currency relative to other currencies increases and its exchange rate increases. this is what is referred to as currency appreciation

Within his company, Vernon has set up a system with inputs, outputs, transformation processes, and feedback. He utilizes a management style that varies according to the individual and environmental situation, with a strategy for minimizing errors by managing each stage of production. Vernon is utilizing a ________ perspective. Group of answer choices

Answers

Answer:

contemporary

Explanation:

Since in the question it is mentioned that the vernon has set up the system having an input, output, etc also the management style should be changed as per the individual & environmental situation so here he applied the contemporary perspective for minimizing the errors so that the wastage could be reduced and helps in attaining the objectives in an efficient manner

Which of the statements below is​ FALSE? A. A problem with using the dividend growth model is that it appears to underestimate the expected return for some stocks B. A problem with using the dividend growth model is that it produces a negative expected return whenever a firm cuts its dividends. C. A problem with using the dividend growth model is that it appears to underestimate the expected return for all stocks. D. The dividend model requires that a firm have a cash dividend history and that the dividend history shows a constant dividend or a positive growth in dividends.

Answers

Answer:

C. A problem with using the dividend growth model is that it appears to underestimate the expected return for all stocks.

Explanation:

In the case of the dividend growth model, it shows the underestimated of the return for some stocks, also it generated the negative return at the time when the firm could cut the dividend. ALso it needs that the firm has the history of the cash dividend and that history should show the same dividend or the positive growth

But it does not show the underestimate for all kind of the stocks

Among those not working, the most recent job-search activity for 2.90 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, and the remaining 10.99 million who do not have jobs have not looked for work in the past six weeks. Round your answers to two decimal places.

Answers

Answer:

A. 24.05

B. 4.62

C. 66.99%

D. 19.21%

Explanation:

A). Calculation to determine the Laborland's total labor force

Using this formula

Total Labor Force = Employed + Unemployed

Let plug in the formula

Total Labor Force = (4.9+ 14.53) + (2.9 + 1.72)

Total Labor Force = 19.43 + 4.62

Total Labor Force = 24.05

Therefore the Laborland's total labor force is 24.05

(B). Calculation to determine the Laborland's labor force participation rate

Unemployed = 2.90 + 1.72

Unemployed = 4.62

Therefore the Laborland's labor force participation rate is 4.62

(C). Calculation to determine How many people are unemployed in Laborland

Using this formula

Labor force participation rate = Labor force / Total working age population

Let plug in the formula

Labor force participation rate= $24.05 / 35.9

Labor force participation rate= 66.99%

Therefore How many people are unemployed in Laborland will be 66.99%

(D). Calculation to determine Laborland's unemployment rate

Using this formula

Unemployment Rate = Unemployed / Labor force

Let plug in the formula

Unemployment Rate = 4.62 / 24.05

Unemployment Rate= 0.1921 * 100

Unemployment Rate= 19.21%

Therefore Laborland's unemployment rate is 19.21%

During January, the production department of a process operations system completed and transferred to finished goods a total of 50,000 units. At the end of January, 10,000 additional units were in process in the production department and were 70% complete with respect to labor. The beginning inventory included labor cost of $41,000 and the production department incurred direct labor cost of $325,500 during January. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.

Answers

Answer:

$6.43

Explanation:

Total equivalent unit = Completed and transferred to finished goods + Work in process inventory (70%) complete in labor

Total equivalent unit = 50,000 + 10,000*70%

Total equivalent unit = 50,000 + 7,000

Total equivalent unit = 57,000

Total direct labor cost = WIP labor expenses + Direct labor cost incurred during January

Total direct labor cost = $41,000 + $325,500

Total direct labor cost = $366,500

Direct labor cost per equivalent unit =Total direct labor cost / Total equivalent units

Direct labor cost per equivalent unit = $366,500 / 57,000 units

Direct labor cost per equivalent unit = $6.4298246

Direct labor cost per equivalent unit = $6.43

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How does Zitkala-Sa advance her message? plz explain in your own words what are conjugated molecules???? What was the immediate impact of the 1939 German and Soviet invasion of Poland?A. The United States declared war on Germany but did not send troopsB. Great Britain and France declared war on Germany but not on the Soviet UnionC. Germany conquered all of Poland but provoked a war with the Soviet UnionD. Japan, Italy, Germany formed an alliance but did not offer one another military aid. The Greeks sought out the disciple ______because he had a Gentile name.AndrewPhilip 4. A piece of metal weighing 0.0713 g was placed in a eudiometer containing dilute aqueous HCl. After the metal fully dissolved, 23.5 mL of hydrogen gas was collected by displace-ment of water and a 400 mm column of water was observed. The water temperature was 258C and the barometric pressure was 758.8 mm Hg (torr). Refer to the Introduction and data sheet to solve the following problems. a) What is the vapor pressure of the water vapor in the column? (Consult Appendix E.) A sample of gas contains 0.1800 mol of CO(g) and 0.1800 mol of NO(g) and occupies a volume of 23.2 L. The following reaction takes place: 2CO(g) + 2NO(g 2Co2(g) +N2(g) Calculate the volume of the sample after the reaction takes place, assuming that the temperature and the pressure remain constant. write an equation for the sentence: the sum of six and twice a number is equal to sixteen minus the number. URGENT! ONLY HAVE 5 MINUTES! GHI Corporation, a California corporation, has a six-person board. At a regular board meeting, only two directors attend. No notice was sent to any of the directors. The two attending call directors Alice and Bob and put them on a conference call. The four talk about the corporation buying Blackacre and then all agree to a resolution for GHI to buy Blackacre from Third Party. The Bylaws of GHI state that an action of the board requires the consent of a majority of the directors present at a meeting, and that a quorum is a majority of the authorized directors.Select one:a. the purchase is authorized because a quorum was present and a majority of those present approved the action.b. the purchase is not authorized, since all real estate transactions require shareholder approvalc. the purchase is not authorized because prior written notice must be sent to each directord. the purchase is not authorized because a quorum was not present at the board meetinge. Two of the above are correct. El verbo tiene dos partes, la terminacin y la raiz. Cul verbo NO est divido correctamente ? A. comie -ron B. camin -asteC. trat- aronY porque.Gracias This is my introduction are you to help me Most of us, at at least one point of our life, have experienced a time in a moving vehicle where someone almost got into an accident or did get into one. Neither fun, but here is something you did not know. This year alone there have been 6,357 fatal car accidents, even during the Pandemic, where we should all be staying home. Today we will be talking about the effect automobiles have on our society today including, deadly accidents, too fast of transportation, and toxic fumes damaging the ozone layer. Which right determine who is responsible for managing the resources? Blank rights determine who is responsible for managing the resources 1.how can you categorize the buyers who are not price sensitive ? WILL MARK YOU IF YOU ANSWER SO PLEASE HELP Please select the word from the list that best fits the definitionDaniel es muy aventurero. Nada le da miedo. The sentiments expressed in the proclamation would have been most widely condemned by White residents of coastal South Carolina Answer A: coastal South Carolina A northern California Answer B: northern California B western New York Answer C: western New York C western Virginia If a normal distribution has a mean of 154 and a standard deviation of 15,what is the value that has a z-score of 1.6? Question 7. His parents object strongly his playing too much computer games. A. at B. to C. in D. againstQuestion 8. It gets when the winter is coming.A. cold and cold B. cold and colder C. more and more cold D. colder and colderQuestion 9. She has just bought .A. a Swiss beautiful brand-new watch B. a Swiss brand-new beautiful watch C. a brand-new beautiful Swiss watch D. a beautiful brand-new Swiss watchQuestion 10: When I last saw him, he________in London. A. is living B. has been living C. was living D. lived Select the correct answer.Alan's dogs have a total of 24 legs (l). If each dog has 4 legs, which equation gives the number of dogs (d) that Alan has?A. 4 d = 24B. 4 l = 24C. 4 + d = 24D. 4 + l = 24does anyone know the answer to that question i need it ASAP !!!! Question 9 of 25Who owns the factories under the system of capitalism?A. WorkersB. Private companiesC. ConsumersD. The governmentCOM When was this created?