handle housing and recruiting station leases for the military. I have to negotiate with lessors and try to get them to except a Government lease. I also have to negotiate a rental price. I have to communicate with contractors if the space needs to be built out. That is why communication is such an important part of my job. The smallest miscommunication error can cost thousands of dollars. The lessors and contractors are usually not familiar with a Government lease. It is important that we have good
Free Communication Message Graphic communication
Analysis Table of Contents Introduction 3 Property and Equipment 4 Intangible Assets 5 Goodwill 6 Depreciation Methods 6 Impairment 7 Current Liabilities 7 Contingent Liabilities 7 Long-term Liabilities 8 Bonds Payable 8 Capital Leases 8 Works Cited 10 Introduction Google Inc. is an American multinational corporation that specializes in Internet-related services and products. It was founded on September 4‚ 1998 by Larry Page and Sergey Brin while they both were attending
Premium Management Marketing Strategic management
purchase the crane outright from Mega Corp or subcontract (lease) it from Digger Construction. Both options require substantial resources and will affect future business. The figures presented by Sid‚ the chief purchasing officer demonstrated that it is less expensive to buy the crane directly from Mega Corporation than to lease it. The total cost of ownership for buying the crane is $14.52 million over 10 years’ period vis-à-vis $17.52 million to lease. (See Annexure 1 and 2 respectively) Issue Identification
Premium Costs Construction Total cost of ownership
CASE: TWO EUROPEAN HOTEL GROUPS CONTENT 1 Financial statements ........................................................................................................................ 3 1.1 Impact of operating leases ............................................................................................ 3 1.2 Depreciation rates ......................................................................................................... 3 1.2.1 Accor
Premium Generally Accepted Accounting Principles Balance sheet Asset
classified as a fixture. established the degree of annexation and purpose tests. Definitions Freehold-unlimited time‚ leasehold-limited time. Should be capable of existing forever. Leasehold- Limited amount of time‚ depending on the lease. Easement= gives the right to use the land of another in some way‚ or to prevent it from being used for certain purposes‚ e.g. rights of way and rights of water and light. Profit= gives the right to take something from the land of another e.g. peat
Premium Property Real property Ownership
the leaseback. However‚ a repurchase option changes how the sale-leaseback arrangement is reported for accounting purposes. The lease will be recorded as an asset and capitalized‚ and the obligation to make the future lease payments will be shown as a liability. At the end of a lease without any renewal options‚ the seller may have to negotiate an extension of the lease at current market rent or may be forced to relocate its business. The interest rate in a sale-leaseback arrangement generally is
Premium Real estate Property Renting
Acc/421 Week 4 Learning Team Assignments PROBLEM 5-3 Side Kicks Company Balance Sheet December 31‚ 2007 Assets Current assets Cash $ 41‚000 Accounts receivable $163‚500 Less: Allowance for uncertain accounts 8‚700 154‚800 Inventory—at LIFO cost 308‚500 Prepaid insurance 5‚900 Total existing assets $ 510‚200 Long-term investments Investments in stocks
Premium Balance sheet
use of that 5-step process in two lease-purchase decision examples using nominal discount rates. You should follow the same steps for any net present value analysis whether you are using nominal discount rates or real discount rates. Lease-Purchase Decision Example 1. Assume that you want to determine which of the following proposals will result in the lowest total cost of acquisition? Offeror A: Proposes to lease the asset for 3 years. The annual lease payments are $10‚000 per year. The
Premium Net present value
Pantaloons Retail India Limited The Accounting Standards as per their 2011-12 Annual Report are- 1. AS 1: Disclosure of Accounting Policies- * It deals with disclosure of Accounting Principles and policies used for preparation of financial statements of the companies. 2. AS 2: Valuation of Inventories- * It deals with determination of amount of inventory to be shown in financial statements. It is not applicable to shares‚ debentures‚ stock etc. The cost formulae prescribed
Premium Balance sheet Generally Accepted Accounting Principles Depreciation
RESEARCH: Accounting Standard Codification (ASC) 1. FASB had four primary goals in developing the codification. List these four goals: 1. Simplify user access to all authoritative U.S. GAAP by putting them all in one place with codification 2. Assist FASB with the research and international convergence efforts required during the standard-setting process 3. Become the authoritative source of literature for the completed extensible business reporting language (XBRL) taxonomy 4. Clarify that
Premium Financial Accounting Standards Board