Nichols Fruits leased farm equipment from King Machinery on January 1,2024. The present value of...
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Nichols Fruits leased farm equipment from King Machinery on January The present value of the lease payments discounted at was $ million. Ten annual lease payments of $ million are due at the beginning of each year beginning January King had constructed the equipment recently for $ million. The total decrease in earnings pretax in Nichols income statement would be:
Nichols Fruits leased farm equipment from King Machinery on January The present value of the lease payments discounted at was $ million. Ten annual lease payments of $ million are due at the beginning of each year beginning January King had constructed the equipment recently for $ million. The total decrease in earnings pretax in Nichols income statement would be:
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