subject
Business, 02.04.2021 16:20 binks3350

Owl Co Leases an asset under a finance lease. The lease has a primary period of 5 yrs and a secondary period of 2 yrs during which a nominal rental will be payable. The asset has an estimated useful life of 6 yrs and a current cash value of $89k. The PV of the minimum lease payment is $87k. what will be the CV value in the SOFP of Owl? Explain Plzz

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 16:40
Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.
Answers: 1
question
Business, 22.06.2019 17:40
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
question
Business, 22.06.2019 19:00
When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.
Answers: 2
question
Business, 22.06.2019 21:30
Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.
Answers: 1
You know the right answer?
Owl Co Leases an asset under a finance lease. The lease has a primary period of 5 yrs and a secondar...
Questions
Questions on the website: 13722362