The writer is very fast, professional and responded to the review request fast also. Thank you.
Which of the following items would require a lessor to classify a lease as an operating lease?
A) The lease contains a bargain purchase option.
B) Ownership of the property is transferred to the lessee during the lease term.
C) The lease term is 80% of the estimated economic life of the leased property.
D) The collectability of the minimum lease payments is highly uncertain.
Triple Tango Track leases exercise equipment to its customers under direct-financing leases. Typically the equipment has no residual value at the end of the leases and the contracts call for payments at the beginning of each year. Triple Tango Track’s target rate of return is 10%. On a five year-lease of equipment with a fair value of $485,100, how much interest revenue will Triple Tango Track earn over the life of the lease?
A) $96,575
B) $114,900
C) $121,275
D) $194,400
In the computation of pension expense, which of the following components is likely to be negative (i.e., to reduce pension expense)?
A) Service cost
B) Interest cost
C) Amortization of past service cost
D) Amortization of net asset gain
Which of the following is not a component of pension expense?
A) Amount funded
B) Service cost
C) Expected return on plan assets
D) Interest cost
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more