Laperla county entered into a capital lease on june 30, 20x8, for equipment to be used by general fund departments. the capitalizable cost of the leased asset was $200,000. an initial payment of $20,000 was made at the inception of the lease. the first annual lease payment of $35,000 was due and paid on july 1, 20x9. assume a 6% implicit rate of interest on the lease.1. general fund expenditures in the scal year ended december 31, 20x8, would be
a. capital outlay expenditures of $20,000.
b. capital outlay expenditures of $200,000.
c. capital outlay expenditures of $200,000 and interest expenditures of $5,400.
d. rent expenditures of $20,000 and no capital outlay or debt service expenditures.
2. laperla county should report general fund expenditures for the scal year ended december 31, 20x9, in the amount of
a. rent expenditures of $35,000.
b. interest expenditures of $35,000.
c. principal retirement expenditures of $35,000.
d. interest expenditures of $10,800 and principal retirement expenditures of $24,200.

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?

What is the present value of the following cash flow stream at a rate of 12.0%? years: 0 1 2 3 4| | | | |cfs: $0 $1,500 $3,000 $4,500 $6,000a. $9,699b. $10,210c. $10,747d. $11,284e. $11,849