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please help. no one has had the right answer yet Anslyzing, Interpreting and Capitalizing Operating Leases - tame inter 13 years - Lave ientia 4
please help. no one has had the right answer yet Anslyzing, Interpreting and Capitalizing Operating Leases - tame inter 13 years - Lave ientia 4 year - upprint fesc iscoo Aequired 4. Given the lease contiraci tarn, defomine the datsefication for each of the two leases foperatong or firancel Land laik operatirg Leme =v Required Note: For the following questions round your answers to the nearest whole dollar; use rounded amounts for further calculations. a. Given the lease contract facts, determine the ciassification for each of the two leases (operating or financel. Land iease: Eqmputer equipment lease. bu. Detertuine the amount of the lease liability that Alexander Mack will add to its balance sheet at the inception of each lease. The compary has a get cost of debt capital. band teasie: 1 Coifipiater equiperient lease- 1 C. What aiset will the compary add to its balance sheet for cach lease? d. For each lease, prepare an amortization sehedule that shows the interest and principal portions of each lease payment. Notes: Acfust the final year for aryy rounding differences. d. For each lease, prepare an amortization schedule that shows the interest and principal portions of each lease payment. Note: Adjust the final year for any rounding differences. 0. What will be the income satement effect of the Gad lease in 2020 ? af experse 1. What will be the inconve statement effect of the equipment lease in 2020; of expecise h. On December 31, 2021, what amount will be on the balance sheet (asset and liability) for each of the leases? Anslyzing, Interpreting and Capitalizing Operating Leases - tame inter 13 years - Lave ientia 4 year - upprint fesc iscoo Aequired 4. Given the lease contiraci tarn, defomine the datsefication for each of the two leases foperatong or firancel Land laik operatirg Leme =v Required Note: For the following questions round your answers to the nearest whole dollar; use rounded amounts for further calculations. a. Given the lease contract facts, determine the ciassification for each of the two leases (operating or financel. Land iease: Eqmputer equipment lease. bu. Detertuine the amount of the lease liability that Alexander Mack will add to its balance sheet at the inception of each lease. The compary has a get cost of debt capital. band teasie: 1 Coifipiater equiperient lease- 1 C. What aiset will the compary add to its balance sheet for cach lease? d. For each lease, prepare an amortization sehedule that shows the interest and principal portions of each lease payment. Notes: Acfust the final year for aryy rounding differences. d. For each lease, prepare an amortization schedule that shows the interest and principal portions of each lease payment. Note: Adjust the final year for any rounding differences. 0. What will be the income satement effect of the Gad lease in 2020 ? af experse 1. What will be the inconve statement effect of the equipment lease in 2020; of expecise h. On December 31, 2021, what amount will be on the balance sheet (asset and liability) for each of the leases
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