whether or not to lease or buy‚ he or she needs to know the purchase cost‚ the lease cost‚ as well as the interest rate of a loan that will be used to purchase the item. The residual value of the item also must be known up front to help determine if leasing is the better option. When determining whether to lease or buy‚ the cash flow for both should be compared so the best decision can be made. Below is a chart on lease vs buy. (www.smartcomputing.com; Retrieved November 6‚ 2006) Lease/Buy Cash Flow
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issued SFAS No. 13‚ “Accounting for Leases” to establish standards of financial accounting and reporting for the lessees and lessors. The three leasing options to available are operating‚ sales-type‚ and direct financing. This memo will define each option‚ compare operating versus capitalizing and give a recommendation for XYZ Company. Lease Definitions A lease can be either capital or operating. It is considered to be a capitalized lease when all the benefits and risks of ownership are transferred
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What historical benefit did D-day have in history? If the allies did not succeed in D-day would Europe still be occupied by Hitler? The failure of D-day could have caused the Allies to lose in World War II. The idea of D-day was in process since March 9‚ 1942 when President Roosevelt said I am becoming interested in the established of a new front this summer on the European continent (Collier 8). With the idea of penetrating a very fortified German front the Allies had their hands full. The invasion
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What are the dos and don’ts in an office setting? Things you must do Pay attention to your appearance When it comes to business‚ you’re a reflection of your company. That is why you should dress appropriately. Keep your desk well-arranged. Your desk or cubicle should be an extension of yourself. Business associates will not regard you in a favorable light due to the untidiness of your workspace Be on time It is never a good idea to arrive late for a business meeting. Someone has
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KPMG Deferred Tax Issues: Valuation Allowance Issue 1: Conclude on the appropriateness of the engagement team’s decision for valuation allowance. 1. Clarify Issues & Objectives ASC 740-10-05-5 defines a deferred tax asset as: A deferred tax asset is measured using the applicable enacted tax rate and provisions of the enacted tax law. A deferred tax asset is reduced by a valuation allowance if‚ based on the weight of evidence available‚ it is more likely than not that some portion or all of
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commercial banks and development finance institutions (DFIs) have been the traditional lending institutions in Bangladesh. In fact‚ the concept of lease financing is a relatively new one in the country. Initially‚ leasing companies had to adopt the role of educators to make Bangladeshi entrepreneurs aware of the benefits of leasing. However‚ Lease financing was first introduced in Bangladesh in the early 1980s. The first leasing company of Bangladesh‚ Industrial Development Leasing Company of
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Cultural influences on tourist buying behavior The aim of this article is to identify cultural differences in tourist buying behavior and decision process. OBJECTIVES After completing this article the reader should be able to: - Identify the influence of national culture on tourist personal and psychological characteristics - Understand the influence of national culture on need recognition‚ information search‚ product evaluation‚ purchase decision and post-purchase behavior - Explain the
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I used to build spaceships. They were quite mesmerizing‚ really‚ the kind of flying wonders a child could not glance at without imagining the bold brass Star Wars fanfare. Of course‚ I was not limited to just spaceships; although my first works consisted of cars‚ trains‚ and other relatively basic creations‚ I eventually acquired the expertise to even recreate the Empire State Building. To my ten-year-old self‚ the fact that my (comparable tiny) models were made of molded blocks of plastic rather
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I Want To Be Better My anger had now completely gotten out of control. Although anger is a completely normal human emotion‚ I would not disagree that mine had taken control of me. My temper was quick and I had a short fuse. My deeds as a result of my wrath bore consequences that are hard to bear and I still regret my actions. On this particular day that still lingers in my memories‚ we were to go for a road trip with my little brother and a couple of friends. All necessary preparations had been
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Building a better workplace through motivation Introduction People spend a considerable part of their lives at work‚ so it is not surprising that they expect to be rewarded and satisfied with the job that they do. Motivation is concerned with why people do things as well as what drives them to behave in a particular way. Understanding what motivates individuals is important in the workplace. Research suggests that motivated employees are happier at work. They get more satisfaction from their
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