What is the appropriate amount to use as present value


Problem: Assume that a Lessee guarantees a Lessor a salvage value of $50,000 but expects residual value to be $30,000. For the Lessee, related to the salvage value, what is the appropriate amount to use as present value for: • lessee classification test: $. lessee liability: $

 

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Accounting Basics: What is the appropriate amount to use as present value
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