User Account

All Pages

Lessee entries with bargain purchase option

Assignment Help Project Management
Reference no: EM132348741

(Lessee Entries with Bargain Purchase Option) 

The following facts pertain to a non-cancelable lease agreement between Mooney Leasing and Choi Group, a lessee (amounts in thousands).

Commencement dateMay 1, 2019

Annual lease payment due at the beginning of each year, beginning with May 1, 2019¥20,471.94

Bargain purchase option price at end of lease term¥ 4,000.00

Lease term5 years

Economic life of leased equipment10 years

Lessor's cost¥65,000.00

Fair value of asset at May 1, 2019¥91,000.00

Lessor's implicit rate8%

Lessee's incremental borrowing rate8%

The collectibility of the lease payments by Mooney is probable.

Instructions

(Round all numbers to the nearest yen)

Reference no: EM132348741

Questions Cloud

What is the expected net present value : What is the expected net present value (NPV), Internal Rate of Return (IRR) and Modified Internal Rate of Return (MIRR) of the new business?
What is the underlying asset for the options : What is the underlying asset for the options in this real-life example?
Pre-devaluation and post-devaluation trade balance : Assume that the United Arab Emirates has the following import/export volumes and prices. It undertakes a major "devaluation" of the UAE Dirham
Understanding of how the mathematical equation : I understand compound interest and yearly contributions but am lacking the understanding of how the mathematical equation would work with yearly contributions.
Lessee entries with bargain purchase option : The following facts pertain to a non-cancelable lease agreement between Mooney Leasing and Choi Group, a lessee (amounts in thousands).
What is the value of a par value : What is the value of a $1,000 par value 6% coupon bond with 7 years remaining to maturity assuming annual coupon payments
Calculate the project payback and discounted payback : Calculate the project's payback and discounted payback period assuming steady cash flows. Also calculate the project's NPV and IRR. Should the project be funded
What is the effective annual rate : What is the effective annual rate? Select the correct answer.
Explain expectations about own work role as expressed : Level 3 Diploma in Clinical Healthcare Support -Engage in personal development in health, social care or children’s and young people’s settings.

Reviews

Write a Review

Project Management Questions & Answers

  Your company has a pmo and it has now decided to

1.your company has a pmo and it has now decided to incorporate project portfolio management.part 1 what is the

  Find the transition matrix p and the matrices q and r

The states are: dropped out (s1); graduated (S2), is a third-year student (S3), is a secondyear student (S4); and is a first-year student (S5);- Find the transition matrix P and the matrices Q and R.

  Discuss contemporary developments and importance of project

Discuss contemporary developments & importance of project, program and portfolio application system. Explain importance of project management application system

  Explain the effects this has during the project life cycle

Explain the effects this has during the project life cycle and at the project's completion.

  What is the optimum cost-time schedule for the project

Assume the network and data that follow. Compute the total direct cost for each project duration. What is the optimum cost-time schedule for the project? What is this cost

  Mixed methods approaches

Mixed methods approaches allow researchers to use the benefits of quantitative research with the benefits of qualitative research.

  How an organization can use the lifecycle information

Identify each phases listed in the exercises and write a report on how an organization can use the lifecycle information in an attempt to revive the healthcare service or organization.

  Effort for all participating partners

A successful project partnership is a team effort for all participating partners. Why do you think this is necessary.

  Project acceptanceaerospace dynamics will invest 110000 in

project acceptanceaerospace dynamics will invest 110000 in a project that will produce the following cash flows. the

  Discuss accuracy level associated with the research project

Why is it important for the researcher and the marketing manager to discuss the accuracy level associated with the research project at hand?

  Recap a software implementation project

Describe your role as well as the purpose and results of the project.

  Control theory and hirschi theory of deviant behavior

Discuss control theory and Hirschi's theory of deviant behavior. How would control theory express specific problems related to the impact of such institutions are education, family, and religion?

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