0
How can an accountant determine whether a lease is a capital lease or operating lease?
Wiki User
∙ 13y ago
If a copy of the lease agreement is made available to the accountant, this should be easily determined.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Ask for Referrals?
Before you hire an accountant from a tax preparation company, you may want to ask an accountant for past references. Good accountants are usually very open to the possibility of giving out references to potential clients. They understand that clients want to determine whether an accountant approaches the filing of taxes with an ethical work habit. If an accountant is very apprehensive about giving you a list of references, then this is a red flag to go and find another accountant. You deserve an accountant who is honest with you and has no qualms about his or her work ethic.
Why biasing a transistor?
We bias transistors in order to determine the modes of operation ( that is whether the transistor is operating in the active cut off or the saturation regions).
Why is capital budget so important?
Capital budgeting is important for it functions as a control tool in an entity's operations. Through it, they would be able to determine whether targets have been met ot not.
What is intrinsic value of a stock?
The present value of the operating cash flow stream (Net Operating Profit After Tax minus change in Total Capital) discounted at the sector's or company's Cost of Capital. Changes in the circumstances surrounding a company's business, whether from competitors, governments, customer preferences or a management's strategy, can radically alter the expectations of future operating cash flows and/or the systemic or company-specific cost of capital.
What are the 5 Cs of credit that are sometimes used by bankers and others to determine whether a potential loan will be repaid?
The 5 C's of credit sometimes used by bankers and others to determine whether a potential loan will be repaid. Character, Capital, Capacity, conditions, and collateral. These are indications of whether a loan will be repaid on time, late, or not at all. Character, quality of the individual who is responsible for repaying the loan. Capital, level of financial resources available to the person and the debt to equity ratio. Capacity, availability and sustainability of the person's cash flow to pay the loan off. Conditions, operating income and cash flows to the economy. Collateral, assets that can be pledged against the loan.
How do you determine whether a rock is a rhyolite or an andesite?
The composition of the rock will determine whether it is a rhyolite or an andesite.
What are costs that a company has to pay whether or not its operating?
The Company has to pay its Fixed Costs, Such as Rent and utility. These cost have to be paid regardless of whether the company is operating or not
Is a payroll clerk a reliable source to determine whether a new payroll software package is needed?
They would be one of three people. Also an accountant and software package consultant. Software is always being updated. The clerk deals with it day in and day out so they would be a good authority on any such decision. The last person who is paying for the software. Look at upgrading existing software as this may be less in capital expenditure.
Why is free cash flow important to leveraged buyouts?
Free cash flow or FCF is important to leveraged buyouts because it helps an analyst or banker determine whether there are sufficent excess funds to pay back the loan associated with the leveraged buyout. Free cash flow is a measure of financial performance calculated as operating cash flow minus capital expenditures. FCF is important to leveraged buyouts because it helps an analyst or banker determine whether there are sufficient excess funds to pay back the loan associated with the leveraged buyout.
What determines whether you can use a 32 bit operating system or a 64 bit operating system?
Your processor.
Can you get an accountant degree with bad credit?
Yes. Whether you can get a certification such as CPA or a job afterwards may be a different issue.
What can Electromyography determine?
EMG can determine whether a particular muscle is responding appropriately to stimulation, and whether a muscle remains inactive when not stimulated
