The writer is very fast, professional and responded to the review request fast also. Thank you.
i need help with tow questions plz ,,,,,,,,,,,, ……..
Sage Company manufactures a check-in kiosk with an estimated economic life of 12 years andleases it to Pronghorn Airlines for a period of 10 years. The normal selling price of theequipment is $256,597, and its unguaranteed residual value at the end of the lease term isestimated to be $20,400. Pronghorn will pay annual payments of $36,800 at the beginning ofeach year and all maintenance, insurance, and taxes. Sage incurred costs of $181,800 inmanufacturing the equipment and $4,300 in negotiating and closing the lease. Sage hasdetermined that the collectability of the lease payments is reasonably predictable, that noadditional costs will be incurred, and that the implicit interest rate is 10%. Pronghorn Airlineshaving an incremental borrowing rate of 10%.1. Compute the amount of the initial obligation under capital leases.( PV of annuity = 6.75902)?2 Prepare a 10-year lease amortization schedule.PRONGHORN AIRLINES (Lessee)Lease Amortization Schedule(Annuity due basis and URV)BeginningInterest onReduction of LeaseLeaseof YearAnnual Lease PaymentLease LiabilityLiabilityLiabilityInitial PV123S3 Focus
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