a. Recalculate the lessor's lease payment. Note: Round answer to the nearest dollar. Note: Do not use a negative sign with your answer. Lease payment $ 0 b. Prepare the entries for the lessor for the year, assuming that the lessor uses the straight-line method to depreciate fixed assets. Account Name Dr. Date Jan. 1 Dec. 31 Dec. 31 ♦ ◆ To record receipt of lease payment To record revenue Dec. 31 ◆ + 0 0 0 0 0 0 Cr. 0 0 0 0 0 0 0 0 To record depreciation c. If the lessor incurred a commission to secure the acceptance of the lease agreement for $1,100, what entry would be required by the lessor on January 1 and December 31? Account Name Dr. Cr. Date Jan. 1 0 0 ♦ ♦ ♦ ◆ d. How would the lease be classified if instead, the lessee guaranteed a residual value of $88,000? Lease classification considering guaranteed residual value 0 0 0 0

a. Recalculate the lessor's lease payment. Note: Round answer to the nearest dollar. Note: Do not use a negative sign with your answer. Lease payment $ 0 b. Prepare the entries for the lessor for the year, assuming that the lessor uses the straight-line method to depreciate fixed assets. Account Name Dr. Date Jan. 1 Dec. 31 Dec. 31 ♦ ◆ To record receipt of lease payment To record revenue Dec. 31 ◆ + 0 0 0 0 0 0 Cr. 0 0 0 0 0 0 0 0 To record depreciation c. If the lessor incurred a commission to secure the acceptance of the lease agreement for $1,100, what entry would be required by the lessor on January 1 and December 31? Account Name Dr. Cr. Date Jan. 1 0 0 ♦ ♦ ♦ ◆ d. How would the lease be classified if instead, the lessee guaranteed a residual value of $88,000? Lease classification considering guaranteed residual value 0 0 0 0

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Assume a world that meets all assumptions of the portfolio theory. In this world we solely trade in securities A and B like depicted in the graph below. Short selling is allowed. xA and XB indicate the proportions of security A and B within a portfolio respectively. P1, P2, P3 and P4 represent portfolios that can be created by trading (either long and/or short) in securhies A and B. P3 is the portfolio with the lowest risk; the risk of P3 is 0%. The risk of security A and B is measured by the standard deviation of the returns in the particular security and equals 20% for both. The correlation coefficient of the returns between A and B is -1. 40% P1 E(R) A 30% P2 20% P3 10% P4 ++ 30% 0% 10% 20% 40% O(R) Question: Indicate which statements are correct. Take into account that everything is possible, from all correct to all wrong.
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
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