Afinance lease agreement calls for quarterly lease payments of $5,376 over a 10-year lease term, with the first payment on july 1, the beginning of the lease. the annual interest rate is 8%. both the present value of the lease payments and the cost of the asset to the lessor are $150,000.

required:
a. prepare a partial amortization table up to the october 1 payment.
b. what would be the amount of interest expense (revenue) the lessee (lessor) would record in conjunction with the second quarterly payment on october 1?

Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.

Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,388. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of 0.6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,391.77. what is the total amount of taxes withheld from the portia's earnings?

An essential element of being receptive to messages is to have an open mind true or false