The Following Facts Pertain To A Non Cancelable Lease Agreement Between Pharoah Leasing And Shamrock Group A Lessee Am 1 (72.63 KiB) Viewed 55 times
The following facts pertain to a non-cancelable lease agreement between Pharoah Leasing and Shamrock Group, a lessee (amounts in thousands). Commencement date May 1, 2022 Annual lease payment due at the beginning of each year, beginning with May 1, 2022 ¥25,385.22 Bargain purchase option price at end of lease term ¥4,960 Lease term 5 years Economic life of leased equipment 10 years Lessor's cost ¥80,600 Fair value of asset at May 1, 2022 ¥112,840 Lessor's implicit rate 8 % Lessee's incremental borrowing rate 8 % The collectibility of the lease payments by Pharoah is probable. Click here to view factor tables. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.)
SHAMROCK GROUP (Lessee) Lease Amortization Schedule Annual Lease Payment Plus BPO Interest on Liability Reduction of Lease Liability Lease Liability V 112840 25385.22 25385.22 25385.22 8745.48 25385.22 25385.22 25385.22 4960 0 ¥ 157271 ¥ ¥
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