Memorandum To: Supervisor From: Date: March 14‚ 2011 Re: Leases and Lease Issues CONFIDENTIAL The trucking company currently owns 100 trailers and a new client have requested 20 more for a total of 120 trailers for its project. The relationship with the new client is uncertain but at the same time it has potential for significant growth of the company. The uncertainty of the relationship may have an effect on the financial position of the client company
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Capital Leases vs. Operating Leases - What’s the Difference? Which One Should I Use for Equipment Leasing? Leasing equipment is a common alternative to purchase. Of the two kinds of leases - capital leases and operating leases - each is used for different purposes and results in differing treatment on the accounting books of a business. Capital Leases •Capital leases are used for long-term leases and for items that not become technologically obsolete‚ such as many kinds of machinery.
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Technology Solutions for Human Services BSHS/352 Technology Solutions for Human Services When working with any group of individuals in an effort to assist‚ it is important to identify resources that can become a tool in the helping process. One helpful technology that Providers use to assist in the human service field is the computer. People in the Human Service field can search the web for additional services‚ write a paper or recommendation of services‚ create a presentation in order to
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Create Non-profit organizations in Guatemala. To accomplish this goal I have created a plan. Step by step. First I am going to finish my studies to learn everything that I need to create the non-profit organizations; I will do this putting my effort‚ to do my assignments in time. When I have finished my studies I will use Amway; the company where I am working right now as my friend to help me. They have one of the biggest marking networks around the world. In Guatemala‚ Amway is not recognized‚ so
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The FASB 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
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Operating leases are similar to renting‚ while capital leases are more like a loan. Capital leases are where a lessor transfers all the risks and benefits of ownership for a property to the lessee. An operating lease does the opposite and does not transfer all the risks and benefits to the lessee. In addition to transferring risks and benefits‚ there are other qualifications to be classified as a capital lease. The lease must contain a bargain purchase option. It has to be equal to 75% or more of
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Virtual Organizations: The Benefits‚ Problems‚ The Solutions Technology in the early millennium was not as advanced as it is today. In the late nineties‚ email and MySpace were the primary means of networking for people‚ iPads were only a dream‚ and the closest thing to a smartphone was a phone with a built-in camera. This decade promises more than advanced communication; it converges on computer-based intelligence with enhanced interactive networking forums. On the social networking level‚ webcasting
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Should Chinese Men Buy a House? Mr. Zou‚ who did not get married until he bought a house when he was 35 years old‚ sold his house last year and earned an extra profit about 200‚000 RMB. In China‚ much more men did not get married because they did not own a house; however‚ housing price keeps soaring. According to National Bureau of Statistics of China‚ from 2001 to 2011‚ during the 10 years‚ the average selling price of commercialized buildings in China has increased 147% from 2170RMB to 5357RMB
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Kory Schmidt ENG 105 Problem Solution Essay There has been a movement in the past 10 years to integrate technology in schools. This plan has been well received throughout the US‚ with nearly sixty percent of schools taking in an integrated technology program‚ many with tremendous results (McLester par. 1). Yet‚ despite the overall progress‚ many schools are not making full use of technology as a component of comprehensive school reform. The pace of implementation may be slow partly because
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(UGC) with `A’ Grade) Managerial Economics Internal Assessment REPORT ON ‘LEASE AND HIRE PURCHASE COMPANIES’ Submitted by SIVAGNANAM KARTHIKEYAN ROLL NO: 135 DIV ‘B’ BBA. LLB. BATCH 2013-18 LEASING A lease transaction is a commercial arrangement whereby an equipment owner or Manufacturer conveys to the equipment user the right to use the equipment in return for a rental. In other words‚ lease is a contract between the owner of an asset (the lessor) and its user (the lessee)
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