Questions
explain how the study of a course in communication benefits students at the university as they...

explain how the study of a course in communication benefits students at the university as they prepare for their professional lives

In: Finance

What is the current Market Description Federation University that forms the positioning strategy and Marketing Plan?

What is the current Market Description Federation University that forms the positioning strategy and Marketing Plan?

In: Finance

Summaries key point relevant to university of melbourne's staff dispute resoultion policy and procedures

Summaries key point relevant to university of melbourne's staff dispute resoultion policy and procedures

In: Operations Management

Explain the businesses allocates its costs when preparing job costing. (8 marks) University standard.

Explain the businesses allocates its costs when preparing job costing. University standard.

In: Accounting

what are the project priorities of a university construction project?? very URGENT please answer asap

what are the project priorities of a university construction project??
very URGENT please answer asap

In: Operations Management

The MICRO ENVIRONMENT Who are the customers of a University? (Hint: think about the concepts of...

The MICRO ENVIRONMENT

Who are the customers of a University? (Hint: think about the concepts of "value" and "exchange").

In: Operations Management

Apply DMAIC model to improve the the following at any university: a. Admission b. Course registration

Apply DMAIC model to improve the the following at any university:

a. Admission
b. Course registration

In: Operations Management

Do you think ERP solutions are suitable for SIS University, and if so, how, or if...

Do you think ERP solutions are suitable for SIS University, and if so, how, or if not, why?

In: Computer Science

Do you agree with below paragraph? Why or why not ? write 200-250 words and gives...

Do you agree with below paragraph? Why or why not ? write 200-250 words and gives examples .

A bankrupt company reform its debt criteria except going with any business with the reorganization process. When reorganization starts, the debtor companies usually retains ownership of all the assets and continue with the business process. Basically, when a company face with the financial problem and scared of paying for loan payment, then they want to go for a reorganization process for paying its debt and loan payment to continue the business process smoothly. In a liquidation the creditor have more priority and they seize the debtors for any business and operations. Liquidation is the worst process as after these company does not belong to the market.

Because of the pandemic situation of 2020, bad luck came on many companies. I want to talk about the most well-known, budget friendly clothing departmental store who are in the market last 118 years J. C Penny. On Friday 2020, J. C Penny files for the bankruptcy protection as the company said they had gone for a deal which will help them with reducing several billion dollars. This biggest companies have more than 800 stores, but they will close approximately 180-200 stores with some of the locations. The company missed its debt payment around $12million to its bondholders and $17million in its credit line in April 2020 because Coronavirus. The company filled for the chapter 11 protection which I think clearly indicating that they are getting a limited amount of time in which they could restructure the debt and I hope they could come back to a stable situation. The advantage of this chapter 11 is that they could easily avoid the creditors during this time. For the J. C Penny, they are going for 900million in financing form its existing lenders to fund bankruptcy which will have $450million of new money and nearly $500 million in cash on hands.

For my Judgement filling chapter 11 for bankruptcy can be turned into a good deal if J. C Penny become successful it will continue operating in an efficiently way with some new debt. It was continuously indicating for Chapter 11 Reorganization process when they were uninterruptedly missing the loan payment. Also with these steps they could get the advantages form its creditors and taxation facilities.

In: Finance

Universal Leasing leases electronic equipment to a variety of businesses. The company’s primary service is providing...

Universal Leasing leases electronic equipment to a variety of businesses. The company’s primary service is providing alternate financing by acquiring equipment and leasing it to customers under long-term sales-type leases. Universal earns interest under these arrangements at a 12% annual rate.
  
The company leased an electronic typesetting machine it purchased for $44,900 to a local publisher, Desktop Inc. on December 31, 2017. The lease contract specified annual payments of $9,626 beginning January 1, 2018, the beginning of the lease, and each December 31 through 2019 (three-year lease term). The publisher had the option to purchase the machine on December 30, 2020, the end of the lease term, for $26,700 when it was expected to have a residual value of $30,700, a sufficient difference that exercise seems reasonably certain. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
1. Show how Universal calculated the $9,626 annual lease payments for this sales-type lease.
2. Prepare an amortization schedule that describes the pattern of interest revenue for Universal Leasing over the lease term.
3. Prepare the appropriate entries for Universal Leasing from the beginning of the lease through the end of the lease term.

Requirement 1:

Amount to be recovered ?
? ?
Amount to be recovered through periodice lease payments $0
Lease payments at the beginning each of three years $9,626

Requirement 2:

Lease Amortization Table

Date Payments Effective Interest Decrease in Balance Outstanding Balance
?
01/01/2018 ? ? ?
12/31/2018 ? ? ? ?
12/31/2019 ? ?
12/31/2020 ?
Total

Requirement 3:

- Recored the lease?

- Record cash received (January 1, 2018)

- Record cash received (December 31, 2018)

- Record cash received (December 31, 2019)

- Record cash received (December 30, 2020)

In: Accounting