On january 1, garcia supply leased a truck for a five-year period, at which time possession of the truck will revert back to the lessor. annual lease payments are $13,000 due on december 31 of each year, calculated by the lessor using a 6% discount rate. negotiations led to garcia guaranteeing a $60,400 residual value at the end of the lease term. garcia estimates that the residual value after four years will be $58,800. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) what is the amount to be added to the right-of-use asset and lease liability under the residual value guarantee?

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?