when should a lessor recognize in income a nonrefundable lease bonus paid by a lessee on signing an operating lease? at the inception of the lease. when received. at the expiration of the lease. over the life of the lease.

Answers

Answer 1

When deferred and recognized equally over the course of the lease, a lessor must include a nonrefundable lease incentive paid by a lessee at the time of signing an operating lease in income.

At the outset of the lease, which should the lessor of an operational lease be aware of?

Lessors report lease revenue in operating leases on a straight-line basis for the life of the lease period. Variable lease payments for leases that fall under the sales-type, direct financing, or operating categories must be recorded by the lessor during the period in which they are earned.

What requirements must the lease satisfy in order for the lessor to designate it as a sales-type lease?

If any of the following circumstances exist, the lessor must classify the lease in accordance with ASC 842 as a sales-type lease: The lessee becomes the owner of the underlying asset by the conclusion of the lease period. Tenant has the right, and is likely to exercise, the option under the lease to purchase the underlying asset.

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Related Questions

Why would a student choose not to study for an exam even though she knows from past experience that she performs better on exams when she has spent time studying?

Answers

The mindset of self-confidence in the student pushes him/her not to study for an exam.

What is self-confidence?

Being clear-headed about whether a theory or forecast is true or if a particular plan of action is the best or most effective is a state of confidence. Since the Latin word for confidence, fire, means "to trust," having self-confidence is the same as having faith in oneself.

In contrast, arrogance or hubris is the state of having unwarranted confidence—believing something or someone is right or capable when there is no support for this conviction. The presumption, sometimes known as overconfidence, is an overwhelming faith in one's own ability to achieve, with little concern for the possibility of failure.

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What is the future value of $25,000 invested for 10 years with a rate of return of 8%?

Answers

Answer:

6% on an investment that will return $450,000

Explanation:

Which of the following economic factors contributed to the housing bubble at the root of the 2008 recession?
-consumer indebtness caused by increased spending and borrowing
-banks and lending institutions issuing more subprime mortgages
-unregulated banking practices including the sale of faulty new financial products
- unpredictably low interest rates

Answers

All of the listed economic factors contributed to the housing bubble at the root of the 2008 recession. These factors include consumer indebtedness caused by increased spending and borrowing, banks and lending institutions issuing more subprime mortgages, unregulated banking practices including the sale of faulty new financial products, and unpredictably low interest rates.

All of the listed economic factors played a role in the housing bubble that led to the 2008 recession. Consumer indebtedness, increased subprime mortgage lending, unregulated banking practices, and unpredictably low interest rates collectively contributed to the buildup of the housing bubble and subsequent financial crisis.

Consumer indebtedness caused by increased spending and borrowing was a significant factor in the housing bubble. As consumers took on more debt to finance their purchases, including homes, it created a demand for housing that fueled the rapid increase in housing prices.

Banks and lending institutions played a crucial role by issuing more subprime mortgages. These mortgages were granted to borrowers with lower creditworthiness, often without proper evaluation of their ability to repay. The expansion of subprime lending resulted in a surge of homebuyers, driving up housing demand and prices.

Unregulated banking practices, including the sale of faulty new financial products, exacerbated the housing bubble. Financial institutions developed complex mortgage-backed securities and other derivatives that were poorly understood and inadequately regulated. These financial products were marketed and sold to investors, spreading the risk throughout the financial system.

Lastly, unpredictably low interest rates set by central banks contributed to the housing bubble. Low interest rates encouraged borrowing and increased demand for housing. As interest rates remained low for an extended period, it fueled speculation and further drove up housing prices.

Together, these economic factors interacted to create a housing bubble characterized by inflated prices, excessive lending, and a buildup of risky financial products. When the bubble burst, it triggered a chain reaction of defaults, foreclosures, and financial instability, ultimately leading to the 2008 recession.

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what is medium level profession​

Answers

Medicine,agriculture,finance,tourism,teaching public services are the sectors of profession. In every field ,professions are of basic,medium and high levels.for e.g. , assistant health workers (A H W) are the basic level human resources while health assistants (HA)are medium level professionals.
Hope it helps :)

what are some good outdoor thing to do outside for the summer
list as many as can

Answers

Answer:

biking

swimming

walking

learning something new

being with friends

sports

hiking

going on a trip

making something

What consumer protection agency is known by the acronym SEC?.

Answers

Answer:

The Securities and Exchange Commission (SEC) is a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.

Securities and Exchange Commission (SEC) is the protection agency known by the acronym SEC.

In the wake of the 1929 Wall Street Crash, the United States federal government established the independent U.S. Securities and Exchange Commission. The SEC's main goal is to uphold the law against market manipulation.

To encourage ethical business practices, the disclosure of critical market information, and the prevention of fraud, the Securities and Exchange Commission regulates securities exchanges, securities brokers especially dealers, and investment advisors, including mutual funds.

The truth is that the agency has all the authority necessary to act as a regulator at its disposal – authority that is much greater than that of the SEC, which must gather convincing evidence and persuade a judge of its version of events before acting, not after.

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Which of the following is best for targeted marketing tactics? Select one.

a. LinkedIn
b. Billboards
c. Radio commercials
d. Banners

Answers

Answer:

C

Explanation:

I think it is C because radio commercials seem WAY more convincing.

Let me know if it helps! :)

MAKE ME A KRABBY PATTY SO I CAN GIVE IT TO PLANKTON!!!

Which cable news network produces the most straight reporting?

A. MSNBC

B. ESPN

C. CNN

D. FOX

Answers

Answer:

C.

Have a good morning✨

Answer:

A

Explanation:

If productivity increases significantly and demand is not very elastic, what is likely to happen?
A
B. Fewer workers will be needed.
C. Division of labor will decrease.
D. Demand will increase.
The number of consumers will increase.
Please select the best answer from the choices provided
A
OB
D

Answers

Answer:

B. Fewer workers will be needed.

Explanation:

Elastic demand refers to a flexible demand. It is a demand that can increases or decreases due to several factors. If demand is not elastic, it implies it is constant. An increase or decrease in output or price will not affect the quantity demanded.

An increase in productivity means an increase in output per worker. It is the increase in the number of units produced, per hour, per worker. An increase in productivity results in more output in a given period than previously.

If the demand is constant and there is an increase in productivity, only a few workers will be required. The output from the few workers will be high to meet the constant demand.

Answer:

B

Explanation:

The provision of a public good generates aAnswers:a. positive externality and the use of a common resource generates a negative externality.b. negative externality, as does the use of a common resource.c. negative externality and the use of a common resource generates a positive externality.d. positive externality, as does the use of a common resource.

Answers

Answer:

I'm not too dire about this

If you were paid $952 today, and you invested it at a 5% interest rate, how much would you have a year from now?
$900
O a
$952
b.
$985
Oc.
$1000
d
None of these
e

Answers

Answer:

Depends on if its simple or compund bu since your investing to earn, ill estimate they want the compound answer which is 999.60 which can be rounded to $1000. If they want it rounded, its $1000 if they dont, it's none of the above

Explanation:

A=P(1+r)t

A=952(1+0.05)1

A=952(1.05)1

A=952(1.05)

A=952x1.05

A=999.60 which can be rounded to 1000

The need for electrical craft workers
A. Is centered around Industrial electricians
B. Has peaked and will not need future workers
C. Continues to grow
D. Is limited to commercial electricians​

Answers

The need for electrical craftworkers continues to grow. Option (c) is correct.

What do you mean by electrical craftworkers?

An Electrical craftworker assists a skilled journey-level worker engaged in one of the electrical trades.

Electrical craft work involves the maintenance and construction of electrical systems for construction and facilities installation and maintenance of overhead or underground power distribution systems or shop repair activities. Apprentice training possibilities leading to craft perspectives are available in some departments.

Therefore, Option (c) is correct.

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ordinary kriging method assume that​

Answers

Ordinary kriging, for which the assumption of stationarity (that the mean and variance of the values is constant across the spatial field) must be assumed.

the purpose of _______ is to build selective demand.

Answers

Persuasive advertising serve as kind of advertising that build selective demand.

Persuasive advertising can be regarded as a form of product promotion which convince the potential customer in a persuasive manner to purchase a specific product.

It is a kind of advertising that bring about Selective demand whereby demand for a specific brand is been set as a result of the advert to the potential customer.

Therefore, Persuasive advertising is the correct term.

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Which of the following is a benefit of using plain
text files?
They include bold, italic, and other text
formatting
They are easier for people to read.
They can be read by many software
programs.
They can display video content.

Answers

they can be read by many software

They can be read by many software programs.

The principal benefit of undeniable text codecs is their simplicity: we do now not require complex software to create a textual content record; we no longer need esoteric capabilities past being able to kind on a keyboard; it is easy for people to view and adjust the facts. sincerely all software program packages can examine and write text files.

What is apparent textual content?

In computing, simple text is a loose time period for information (e.g. file contents) that constitutes the most effective characters of readable fabric but not its graphical representation or different items.

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bernie madoff was known for: boasting about profits. sharing insider information with clients. high levels of secrecy. high levels of due diligence.

Answers

He was best known for running the biggest Ponzi scheme in recorded history, a financial fraud in which initial investors are reimbursed with funds obtained from subsequent investors rather than with actual investment income.

Madoff was raised in the Laurelton neighbourhood of Queens, New York, which has a large Jewish population. At some point, Madoff drew in investors by promising to make significant, consistent returns using a trading strategy known funds as split-strike conversion. However, Madoff put client money into a single bank account, which he then used to pay returning customers. It was a well-known Ponzi scheme that was also frighteningly straightforward.

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Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school​

Answers

Answer:

Volunteering at a health clinic after school​

Explanation:

If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.

on january 1, forward company issues bonds that have a $36,000 par value, mature in 6 years, and pay 8% interest per year. interest payments are paid to bondholders semiannually on june 30 and december 31. how much interest does forward company pay to bondholders every six months if the bonds are sold at par? multiple choice $1,440 $2,880 $5,760 $17,280 $23,040

Answers

The interest that forward company will pay to bondholders every six months if the bonds are sold at par is $1,440. The Option A is correct.

What is a bond interest?

The bond interest is the finance expense that Forward Company (issuer of the bonds) pays to bondholders periodically. It is computed as Face value multiplied by the interest rate multiplied by 1/2 if interest is paid semi-annually.

Data and Calculations:

Face or par value of bonds = $33,000

Interest rate = 8%

Maturity period = 6 years

Interest payment = semiannually

Interest per semi-annual:

= $36,000 x 8% x 1/2

= $1,440

Therefore, the amount of interest that Forward Company pays to bondholders every six months if the bonds are sold at par is $1,440.

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"For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the:"

Answers

Answer:

ability of the program to generate losses for tax purposes but provide positive cash flow.

Explanation:

the primary operating goal of a piblicly owned firm interested in erving its stockhodlers should be to

Answers

Meeting the needs of shareholders is the primary objective of a publicly owned company, in addition to producing and marketing goods or services.

What is a company?

It is an entity in charge of producing a good or service so that a public can acquire it within a determined period of time.

When we talk about publicly owned companies, we refer to all those entities whose owner is the state, these companies with economic activities are responsible for producing and financing a good or service in which the state has direct and indirect ownership of the capital.

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During year 1, albrecht sold his personal sport plane that had an adjusted basis to him of $112,000 to roy for $140,000. roy paid $40,000 as a down payment and agreed to pay $20,000 per year plus interest for the next 5 years. what is the amount of gain to be included in albrecht’s gross income for year 1?

Answers

Answer:

$8000

Explanation:

Given that:

Adjusted basis of sport plane = $112,000

Sales price = $140,000

Down payment = $40,000

Balance paid in $20,000 installment for the nest 5 years

Gross income:

Gross income = sales price - adjusted basis

Gross income = $140,000 - $112,000

Gross income = $28,000

Based on the installment payment of $20,000:

140,000/20,000 = 7

Gross income = $28000/ 7 = $4000

With down payment being 40,000

In year 1, down payment of $40,000 was made, which is 2 times the yearly installment amount.

Hence gross profit in year 1 = $4000 × 2 = $8000

PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.

Answers

The amount you pay each month is set by the terms of your mortgage.

Answer:

The amount you pay each month is set by the terms of your mortgage.

Explanation:

connexus

Eastman kodak’s and sears’ long-term industry success gave rise to:

Answers

Eastman Kodak's and Sears' long-term industry success gave rise to a culture of innovation and customer-focused strategies. Both companies were pioneers in their respective industries, with Kodak leading the way in the film and photography market and Sears dominating the retail industry.

Their success was built on the ability to anticipate and meet customer needs, as well as the ability to adapt to changing market conditions. As a result, they became household names and set the standard for other companies to follow. While both companies faced challenges in later years, their legacies continue to inspire and inform modern businesses striving for long-term success.


Eastman Kodak's and Sears' long-term industry success gave rise to their prominent positions in their respective markets. Their achievements led to the creation of a loyal customer base, brand recognition, and innovation in products and services. Additionally, these successes allowed for business expansion, job creation, and overall economic growth. Both companies have faced challenges in adapting to changing market dynamics; however, their historical performance has been influential in shaping their industries.

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When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits will be greater than private benefits. c. only government regulation will solve the problem. d. the market will not be able to generate an equilibrium.

Answers

Answer:

b. social benefits will be greater than private benefits

Explanation:

Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.

This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.

An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.

So it is correct to say that the social benefits will be greater than the private ones. Letter b.

Gaap and ifrs share the goal of providing relevant financial information to consumers, including but not limited to _____

Answers

The goal of providing relevant financial information to consumers is shared by both GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards). Some examples of the information that they aim to provide include:

Income Statement: Both GAAP and IFRS require companies to report their revenue, expenses, and net income, which helps consumers assess the profitability and financial performance of a company.  Balance Sheet: Both standards require companies to report their assets, liabilities, and equity, which provides information about the company's financial position and its ability to meet its obligations.

Cash Flow Statement: GAAP and IFRS require companies to report their cash flows from operating, investing, and financing activities. This statement helps consumers understand how a company generates and uses its cash. Notes to the Financial Statements: Both standards require companies to provide additional disclosures and explanations in the form of footnotes. These notes provide important details about accounting policies, estimates, and contingencies that may impact the financial statements.

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true or false: 400,000 people are seriously injured in car crashes each year.

Answers

Answer:

True

Explanation:

400,000 people are seriously injured in car crashes each year.

3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Teal Mountain Company reports the following costs and expenses in May. Factory utilities $15.100 Direct labor $67,880
Depreciation on factory equipment 12,370 Sales salaries 45,220 Depreciation on delivery trucks 3,940 Property taxes on factory building 2,450 Indirect factory labor 48,120 Repairs to office equipment 1,310 Indirect materials 79,040 Factory repairs 1,960
Direct materials used 135,280 Advertising 14.700 Factory manager's salary 8,200 Office supplies used 2,560 From the information:
Determine the total amount of product costs. Product costs $ ___
Determine the total amount of period costs. Period costs $ ___

Answers

The total amount of product costs is $298,260, and the total amount of period costs is $84,800.

What are product costs?

Product costs refer to all costs that are involved in the manufacturing of a product. This includes direct materials, direct labor, and factory overhead.

What are period costs?

Period costs are expenses incurred that are not related to the production process. For example, sales and marketing costs, general and administrative expenses, and interest expense. Teal Mountain Company reports the following costs and expenses in May.

The following table shows the details of each cost and expense:

Factory utilities$15,100

Direct labor$67,880

Depreciation on factory equipment$12,370

Sales salaries$45,220

Depreciation on delivery trucks$3,940

Property taxes on factory building$2,450

Indirect factory labor$48,120

Repairs to office equipment$1,310

Indirect materials$79,040

Factory repairs$1,960

Direct materials used$135,280

Advertising$14,700

Factory manager's salary$8,200

Office supplies used$2,560

To calculate the total amount of product costs, we need to add up all the costs directly associated with the production process, including direct materials, direct labor, and factory overhead.

Product costs = Direct materials + Direct labor + Factory overhead

Product costs = $135,280 + $67,880 + ($15,100 + $12,370 + $48,120 + $79,040 + $1,960)

Product costs = $298,260

To calculate the total amount of period costs, we need to add up all the costs not directly associated with the production process.

Period costs = Sales salaries + Depreciation on delivery trucks + Property taxes on factory building + Repairs to office equipment + Advertising + Factory manager's salary + Office supplies used

Period costs = $45,220 + $3,940 + $2,450 + $1,310 + $14,700 + $8,200 + $2,560

Period costs = $84,800

Therefore, the total amount of product costs is $298,260, and the total amount of period costs is $84,800.

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List three reasons that people should pay their taxes.

Answers

Improved Healthcare and Education

A significant chunk of the collected taxes is spent on improving healthcare in the country. There are government hospitals that offer medical services without any cost or at minimum cost. Over the years, the quality of service provided by government hospitals has improved by leaps and bounds, and it has only happened because of taxpayers paying tax.

Helps Build the Nation

The cost of running an entire country, especially one that is as large and populated as ours, is humongous. It is through the taxes we pay that the government can perform civil operations. In other words, without taxes, it would be impossible for the government to run the country.

Avoid Tax Back

When being confronted with back taxes we owe the government, we often think of ways to cut back on it. Well, most tax laws understand the hardships of every taxpayer. Though, tax services are available for those who are delinquent in paying their taxes, which is a helpful opportunity to people who don’t have available money or funds.

Answer:

3 reasons why ppl should pay their darn taxes is because:

Explanation:

Social Welfare Pack. Social welfare and social security are one of the greatest benefits the less privilege, homeless and those in need enjoy without having to pay back. ...

Sustain Government. A tax irrespective of its name is another life source of government sustenance. ...

Avoid Tax Back.

find the sum of 2x kg and 5x g. Give the answer in grammes.​

Answers

Answer: 3,600 g

Explanation:

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