On December 31, 2019, Sandhill Company leased machinery from Terminator Corporation for an agreed upon lease term of 3 years. Sandhill agreed to make annual lease payments of $13,000, beginning on December 31, 2019. The expected residual value of the machinery at the end of the lease term is $6,500. Sandhill guarantees a residual value of $6,500 at the end of the lease term, which equals the expected residual value of the machinery. What amount will Sandhill record as its lease liability if the expected residual value at the end of the lease term is $2,500 and Sandhill guarantees a residual of $6,500. Its incremental borrowing rate is 10% and the implicit rate of the lease is unknown

The owners of backstreets italian restaurant are considering starting a delivery service forpizza and their other italian dishes in the small college town where they are located. theycan purchase a used delivery van and have it painted with their name and logo for $21,500.they can hire part-time drivers who will work in the evenings from 5 p.m. to 10 p.m. for$8 per hour. the drivers are mostly college students who study at the restaurant when theyare not making deliveries. during the day, there are so few deliveries that the regular employeescan handle them. the owners estimate that the van will last 5 years (365 days per year)before it has to be replaced and that each delivery will cost about $1.35 in gas and othermaintenance costs (including tires, oil, scheduled service, they also estimate that onaverage each delivery order will cost $15 for direct labor and ingredients to prepare andpackage, and will generate $34 in revenue.a. how many delivery orders must backstreets make each month in order for the service to break even? b. the owners believe that if they have approximately the break-even number of deliveries during the week, they will at least double that number on fridays, saturdays, and sundays. if that’s the case, how much profit will they make, at a minimum, from their delivery service each month (4 weeks per month)?

What is the sequence of events that could lead to trade surplus

What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories