Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - A financial lease was obtained on 1 April 2018 for a period of 15 years. On this date the right of use asset was made available for use and this date is also the commencement date of the lease. The interest on this lease is paid in arrears. The lease was for a specialist machine the company will need in their production process. The present value of the lease payments amounts to $300,000 and the fair value of the machine is $320,000. The incremental borrowing rate is 3%. The first lease payment is due on 31 March 2019 of an amount of $19,000. Depreciation on the machine is calculated on a straight-line basis over the useful life of 15 years.
Required -
1. Journalise the lease in the accounting records to record the initial recognition of the lease.
2. Journalise the subsequent measurement of the lease for the year ending 31 March 2019 in the accounting records.
3. Show how the lease will be disclosed in the notes to the financial statements of the lessor.
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd