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Answered: - This is an intermediate accounting research project. It will


This is an intermediate accounting research project. It will require about 1 1/2 to 2 hours of work.

Thank you.


Here is what I need for this assignment. It is a research paper on the scenario built

 

around leasing a vehicle. This is a very focused research project! So.... you should

 

make a short and clear statement as to which you recommend at the start of the

 

paper -- a lease or a purchase of the asset. Then you build your case! Financial

 

data should be shown in the body of the statement so that you can make

 

references to this easily and should include at least a short comment about tax

 

effects. Be sure to include all nonfinancial reasons for your choice -- so if you pick

 

a lease option, one could be that you like to drive a new car and you don't like to

 

sell old cars. Here is a very useful site to use for the lease information.

 

http://www.leasecompare.com/

 

List of documents needed:

 

1) Lease Contract or advertised lease agreement.

 

2) Internal Rate of Returns Calculations (IRR).

 

3) Journal Entries for the entire purchase (Amortized, not lump sum

 

payment).

 

4) Amortization table.

 

5) And finally the paper. This should only be 2 pages in length.

 

This assignment should take about an hour and a half to two hours.

 


 

Thank you!

 


 

 


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Oct 07, 2020

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