题目内容（请给出正确答案）

[主观题]

Backhoe Partners （BP) sells each of its backhoes for $175,000 with an expected economi

Backhoe Partners (BP) sells each of its backhoes for $175,000 with an expected economic life of 10 years. The company also leases them directly to construction companies with good credit. If Construction Group (CG) leases the equipment from BP, the relevant interest rate is 10% and the lease payments will be $4,000 per month for four years. CG has purchased equipment in the past by financing through Prime Finance. Assuming that CG decides to lease the equipment, BP should treat the lease as a(n):

A. Direct financing lease.

B. Operating lease.

C. Sales-type lease.

查看答案

如搜索结果不匹配，请联系老师获取答案

您可能会需要：

重置密码查看订单联系客服

安装上学吧APP，拍照搜题省时又省心！

更多“Backhoe Partners （BP) sells ea…”相关的问题

第1题

The most likely impact on a lessee’s financial statements from reporting a lease as a

finance lease rather than as an operating lease will be:

A. Unchanged total lease expense over the lease term.

B. Lower operating cash flows during the life of the finance lease.

C. Lower operating profit (margin) in the early years of the finance lease.

点击查看答案

第2题

A company leased equipment under a seven-year finance lease requiring year-end payment

s of $20,541. The present value of the lease liability is approximately $100,000 based on a 10% discount rate. The interest portion of the first payment is closest to:

A. $10,000.

B. $13,340.

C. $14,200.

点击查看答案

第3题

An analyst is assessing a company that entered into a take-or-pay contract during the

year and also has significant number of operating leases. Which of the following statement is the least accurate?

A. The company’s financial statements must be adjusted before the analyst compares this company to other companies in its industry.

B. Despite the off-balance sheet nature of take-or-pay contracts and operating leases, an attempt to determine the actual financial position of the company can be garnered from the footnotes.

C. The take-or-pay contracts and operating leases mean that this company has much higher business risk than similar companies that do not use off-balance sheet financing techniques.

点击查看答案

第4题

A company with no interest-bearing debt enters into a finance lease on the first day o

n the reporting year. The lease requires a year-end payment of $175,000 for 10 years. In the second year of the lease, the company reported the EBIT of $450,000. Assuming a 7% imputed interest rate on the lease, the firm’s interest coverage ratio in the second year is closest to:

A. 4.3X

B. 5.2X

C. 5.6X

点击查看答案

第5题

A manager whose compensation is tired to improving the firm’s inventory turnover mos

A manager whose compensation is tired to improving the firm’s inventory turnover most likely has an incentive to:

A. overstate assets.

B. understate earnings.

C. overstate working capital.

点击查看答案

第6题

While motive and opportunity both can lead to accounting fraud, a third important co

While motive and opportunity both can lead to accounting fraud, a third important contributing factor is:

A. poor financial controls.

B. a justification of the fraudulent actions.

C. pressure to meet earnings expectations.

点击查看答案

第7题

The ratio of operating cash flow to net income (the cash flow earnings index) would

The ratio of operating cash flow to net income (the cash flow earnings index) would least likely be an “accounting red flag” when it is:

A. less than one.

B. declining over time.

C. highly variable.

点击查看答案

第8题

Which of the following trends may signal the beginning of a liquidity crisis for an e

Which of the following trends may signal the beginning of a liquidity crisis for an entity?

A.A shift from operating debt to financing liabilities.

B.An increase in trade credit and decrease in retained earnings.

C.A shift from operating debt to increases in owners’ contributed capital.

点击查看答案

第9题

Which of the following transactions is least likely to increase a company’s reported

Which of the following transactions is least likely to increase a company’s reported cash from operations?

A.Securitizing accounts receivable

B.Delaying payments made to suppliers

C.Using short-term debt to reduce an existing account payable

点击查看答案

第10题

Which of the following is the simplest way for a company to increase its reported ope

Which of the following is the simplest way for a company to increase its reported operating cash flow?

A. Record sales on a bill-and-hold basis.

B. Slow down the rate of payment to suppliers.

C. Use a third party financial institution to pay suppliers.

点击查看答案

谢谢您的反馈

您认为本题答案有误，我们将认真、仔细核查，
如果您知道正确答案，欢迎您来纠错

开始纠错>>>

警告：系统检测到您的账号存在安全风险

为了保护您的账号安全，请在“上学吧”公众号进行验证，点击“官网服务”-“账号验证”后输入验证码“”完成验证，验证成功后方可继续查看答案！

微信搜一搜

上学吧

点击打开微信

警告：系统检测到您的账号存在安全风险

抱歉，您的账号因涉嫌违反上学吧购买须知被冻结。您可在“上学吧”微信公众号中的“官网服务”-“账号解封申请”申请解封，或联系客服。

微信搜一搜

上学吧

点击打开微信