Glade co. leases computer equipment to customers under direct-financing leases. the equipment has no residual value at the end of the lease and the leases do not contain bargain purchase options. glade wishes to earn 8% interest on a five-year lease of equipment with a fair value of $323,400. the present value of an annuity due of $1 at 8% for five years is 4.312. what is the total amount of interest revenue that glade will earn over the life of the lease? a. $ 51,600b. $ 75,000 c. $129,360d. $139,450
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Business, 22.06.2019 01:00
Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?
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Business, 22.06.2019 14:50
Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
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Business, 22.06.2019 19:10
Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.
Answers: 3
Business, 22.06.2019 21:00
Adecision is made at the margin when each alternative considers
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Glade co. leases computer equipment to customers under direct-financing leases. the equipment has no...
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