Question
Please let me know what the formulas are to calculate the following: I am seeing different answers and I don't know which is correct. E
Please let me know what the formulas are to calculate the following: I am seeing different answers and I don't know which is correct.
| E 1526 | ||||||
| Lease concepts; finance/sales-type leases; guaranteed and unguaranteed residual value | ||||||
| Each of the four independent situations below describes a sales-type lease in which annual lease payments of $100,000 are payable at the beginning of each year. | ||||||
| Each is a finance lease for the lessee. Determine the following amounts at the beginning of the lease: | ||||||
| A. The lessors: | ||||||
| 1. Lease payments | ||||||
| 2. Gross investment in the lease | ||||||
| 3. Net investment in the lease | ||||||
| B. The lessees: | ||||||
| 4. Lease payments | ||||||
| 5. Right-of-use asset | ||||||
| 6. Lease liability | ||||||
| Situation | ||||||
| 1 | 2 | 3 | 4 | |||
| Lease term years | 7 | 7 | 8 | 8 | ||
| Lessor's and lessee's interest rate | 9% | 11% | 10% | 12% | ||
| Residual value: | ||||||
| Estimated fair value | $0 | $50,000 | $8,000 | $50,000 | ||
| Guaranteed by lessee | $0 | $0 | $8,000 | $60,000 | ||
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Nmap 6 Network Exploration And Security Auditing Cookbook
Authors: Calderon Pale Paulino
1st Edition
1849517487, 978-1849517485
