User Account

All Pages

How much is the total financing revenue

Assignment Help Accounting Basics
Reference no: EM132896885

Question - On January 1, 2019, Spice Company leased an asset with a cost of P793,085 to another entity for a lease term of six years. The lease specifies equal annual payments beginning January 1, 2019. The lease guarantees a P100,000 residual value of the leased asset at the end of the lease term. The rate implicit on the lease is 9% and is accounted for as a direct financing lease. How much is the total financing revenue to be earned throughout the lease term?

Reference no: EM132896885

Questions Cloud

P23875 Energy Systems Assignment : P23875 Energy Systems Assignment Help and Solution, University of Portsmouth - Assessment Writing Service - You should consider several designs and advise
What Taylor Inventory balance at the beginning of October : With a T account, Taylor's Inventory balance at the beginning of October and the October transactions that affect this account
Interactions between each big data characteristic : Additional study must be performed on the interactions between each big data characteristic, as they do not exist separately but naturally interact
Efficacy of existing analytics techniques : The scalability and efficacy of existing analytics techniques being applied to big data must be empirically examined.
How much is the total financing revenue : The rate implicit on the lease is 9% and is accounted for as a direct financing lease. How much is total financing revenue to be earned throughout lease term
Discuss how organizational culture will help strengthen : Discuss how organizational culture will help strengthen organizations in this period of pcovid 19 pandemic
Prepare paper on wireless charging of electric cars : Prepare paper on Wireless charging of electric cars. Wireless charging should be done when car is in stationary mode. please don''t mention dynamic charging
What is the expected income for Donutaza : The actual variable costs were $1.4 per unit. Actual fixed costs were $130,000. What is the expected income for Donutaza based on the flexible budget
Impact of climate change on agriculture in south africa : Impact of climate change on agriculture in South Africa and recommend adaptation response/strategies.

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