Answer:

**Answer:**

**Explanation:**

amortization schedule:

Date Lease PMT Interest Principal Lease Balance

01.01.17 95,000

12.31.17 37,534.57 8550 28,984.57 66,015.43

12.31.18 37,534.57 5,941.39 31,593.18 34,422.25

12.31.19 37,534.57 3,112.33 34,422.25 0

Present value interest factor of annuity for 9% and 3 years = 2.531

Annual payment will be = 95,000/2.531 = $37,534.57

Interest for the 1st year will be = 95,000*0.09 = $8550

Dr Fixed Asset 95,000

Cr Lease Paybale 95,000

31/12/17

Dr Lease Payable 28,984.57

Dr Interest 8550

Cr Cash 37,534.57

31/12/18

Dr Lease Payable 31,593.18

Dr Interest 5,941.39

Cr Cash 37,534.57

31/12/19

Dr Lease Payable 34,422.25

Dr Interest 3,112.33

Cr Cash 37,534.57

Answer:
### Final answer:

### Explanation:

### Learn more about Lease Accounting here:

The journal entry at commencement of the lease for Macinski includes** debit: Lease Receivable $234,618.36, debit: Machine Cost $70,000.00, and credit: Lease Revenue $304,618.36**. The journal entry at commencement of the lease for Sharrer includes **debit: Machine $304,618.36, credit: Lease Payable $234,618.36, and credit: Cash $70,000.00.**

a) The lease agreement between Macinski Leasing Company and Sharrer Corporation is a finance lease because it transfers ownership of the machine to Sharrer at the end of the lease term. Both parties should apply the accounting method for finance leases.

b) To prepare the amortization schedule, we need to calculate the annual lease payment, which is the present value of the future lease payments. We can use the formula PV = PMT x [(1 - (1 + r)^-n) / r], where PV is the present value, PMT is the annual payment, r is the interest rate, and n is the number of periods. Using the given information, we can calculate the annual payment and then prepare the amortization schedule.

c) The journal entry at commencement of the lease for Macinski is:

- Debit: Lease Receivable $234,618.36
- Debit: Machine Cost $70,000.00
- Credit: Lease Revenue $304,618.36

d) The journal entry at commencement of the lease for Sharrer is:

- Debit: Machine $304,618.36
- Credit: Lease Payable $234,618.36
- Credit: Cash $70,000.00

e) The journal entry at commencement of the lease for Sharrer, assuming (1) Sharrer does not know Macinski's implicit rate and (2) Sharrer incurs initial direct costs of $10,000, is:

- Debit: Machine $304,618.36
- Debit: Lease Liability (including initial direct costs) $244,618.36
- Debit: Lease Liability (excluding initial direct costs) $234,618.36
- Credit: Cash $70,000.00

#SPJ11

Corporation began with retained earnings of million. Revenues during the year were million, and expenses totaled million. declared dividends of million. What was the company's ending balance of retained earnings? To answer this question, prepare 's statement of retained earnings for the year ended December 31, , complete with its proper heading.

Assume real per capita GDP in West Swimsuit is $10,000 while in East Quippanova it is $2,500. The annual growth rate in West Swimsuit is 2.33%, while in East Quippanova it is 7%. How many years will it take for East Quippanova to catch up to the real per capita GDP of West Swimsuit? Choose one: A. about 10 years B. about 30 years C. about 40 years D. about 120 years E. East Quippanova will never be able to catch up with West Swimsuit

Jean Michaud pays his two employees $900 and $1,200 per week. Assume a state unemployment tax rate of 5.7% and a federal unemployment tax rate of 0.6%. What state and federal unemployment taxes will Jean pay at the end of quarter 1 and quarter 2

A customer call center is evaluating customer satisfaction surveys to identify the most prevalent quality problems in their process. Specific customer complaints have been analyzed and grouped into eight different categories. Every instance of a complaint adds to the count in its category. Which Six Sigma analytical tool would be most helpful to management here?

Hubbard Industries just paid a common dividend, D0, of $2.00. It expects to grow at a constant rate of 3% per year. If investors require a 8% return on equity, what is the current price of Hubbard's common stock

Assume real per capita GDP in West Swimsuit is $10,000 while in East Quippanova it is $2,500. The annual growth rate in West Swimsuit is 2.33%, while in East Quippanova it is 7%. How many years will it take for East Quippanova to catch up to the real per capita GDP of West Swimsuit? Choose one: A. about 10 years B. about 30 years C. about 40 years D. about 120 years E. East Quippanova will never be able to catch up with West Swimsuit

Jean Michaud pays his two employees $900 and $1,200 per week. Assume a state unemployment tax rate of 5.7% and a federal unemployment tax rate of 0.6%. What state and federal unemployment taxes will Jean pay at the end of quarter 1 and quarter 2

A customer call center is evaluating customer satisfaction surveys to identify the most prevalent quality problems in their process. Specific customer complaints have been analyzed and grouped into eight different categories. Every instance of a complaint adds to the count in its category. Which Six Sigma analytical tool would be most helpful to management here?

Hubbard Industries just paid a common dividend, D0, of $2.00. It expects to grow at a constant rate of 3% per year. If investors require a 8% return on equity, what is the current price of Hubbard's common stock

**Answer:**

C. Both I and III.

**Explanation:**

The education level is categorical variable and is ordinal scaled.

Ordinal level is a second level statistical measurement technique. It allows ranks to the data for its categorization and degree of variation is not determined between data. Education level is ordinal scale because it provides orders of quantitative data.

**Answer:**

Every 7.86 years the investment doubles.

**Explanation:**

Giving the following information:

Interest rate= 8.9% compounded annually

__To determine the number of years to double the money, we can use the rule of 70:__

**The rule of 70 is a means of estimating the number of years it takes for an investment or your money to double. **

**Number of Years to Double= 70/Annual Rate of Return**

Number of Years to Double= 70/8.9

Number of Years to Double= 7.86 years

Every 7.86 years the investment doubles.

**Answer:**

**Cost per equivalent unit = 4.015 per unit**

**Explanation:**

*Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.*

**Cost per equivalent unit = cost / total equivalent units**

**To determine the conversion cost per equivalent unit, we follow the steps below**

**Step 1**

**Determine the total equivalent units**

**Items units Equivalent units**

Completed units 144,000 144,000× 100% 144,000

Closing inventory 31,500 31,500 × 60% = __18900__

Total equivalent unit __162,900__

Step 2

**Calculate cost per equivalent unit**

Cost per equivalent unit = Total conversion cost/Total equivalent units

= (602,150+ 51,850)/162,900 units

**= 4.015 per units**

**Answer: 3,125 UNITS**

**Explanation:**

**According to the question above, the seasonal relatives for each quarter for the current year financials has been calculated thus:**

**1st quarter 0.5**

**2nd quarter 1.0**

**3rd quarter 1.25**

**4th quarter 1.25**

**using the above relatives to calculate what the next fiscal year order will be:**

**Total relatives above = 4.0**

**for the 4th quarter for the next year order :**

**= 1.25/4.0 * forecasted qty to be ordered for the next fiscal year**

**=1.25/4.0 * 10,000**

**0.3125 * 10,000**

**=3,125 units will be ordered in the forth quarter of the next fiscal year.**

The number of units that would be ordered in the next fiscal year would be** 3125**

The financial report

The first quarter = 0.5

The second quarter = 1.0

The third quarter = 1.25

**The fourth quarter = 1.25**

0.5+1+1.25+1.25 = 4

The relatives are 4

= 0.3125

The number of the units in the fiscal year would be 0.3125*10000

**= 3,125 units**

Read more on **fiscal year** here: brainly.com/question/25812320

Answer: i’m pretty sure it’s true.

Explanation:

a change in the way they act towards you is an example.

The statement "it's always immediately obvious when boundaries are crossed in a relationship" is false.

**Boundaries **being crossed in a relationship can often be subtle and gradually escalate over time.

The statement "it's always immediately obvious when boundaries are crossed in a **relationship**" is false.

Boundaries being crossed in a relationship can often be subtle and gradually escalate over time, making it difficult to recognize the signs.

Sometimes, people may not even be aware that their boundaries have been violated. Additionally, cultural and** societal norms **can influence how boundaries are perceived.

It is important to establish and communicate boundaries in relationships, as well as to be aware of any signs of boundary violations, such as feeling uncomfortable, disrespected, or manipulated.

#SPJ3

Informal groups is something command groups were also known as.