User Account

All Pages

How much is the lease liability on December

Assignment Help Accounting Basics
Reference no: EM133048096

Question - An entity entered into a seven-year lease on December 31, 2020. The annual lease payment is 1,530,000 starting on December 31, 2020. The implicit rate is 9%. How much is the lease liability on December 31, 2021?

a) 7,700,418

b) 9,148,866

c)  8,393,455

d) 5,951,166

Reference no: EM133048096

Questions Cloud

What is the taxable income : Question - Markus Ngineus, single, is a managerial employee of Microna & Softpa Company. What is the taxable income
Discuss the reasons for this conservative allocation : The advent of the alternative property sector is considered as one of the significant developments in the institutional property investment space in recent year
Roles of change management : Describe the roles of change management, security enforcement, accountability, monitoring, and auditing for a successful security operations management
How to integrate multi-different systems : Are there any relations between different systems? How to integrate multi-different systems?
How much is the lease liability on December : The annual lease payment is 1,530,000 starting on December 31, 2020. The implicit rate is 9%. How much is the lease liability on December 31, 2021
Interpret the coefficient of a dummy variable : How would you interpret the coefficient of a dummy variable? Why you only need to create k-1 dummy variables for a variable with k categories?
The challenges of expense account fraud : Describe some actions that organizations can take to deter or cut back on expense account fraud. Topic: The Challenges of Expense Account Fraud.
SITXINV003 Purchase goods Assignment : SITXINV003 Purchase goods Assignment Help and Solution, Duke College - Assessment Writing Service - What is the purpose of a preferred supplier
Advantages of e-commerce versus regular commerce : Explain the advantages and disadvantages of e-commerce versus regular commerce. Elaborate on your answers.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd