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Questions 9 – 12 (15% total) On 1/1/2012, Marcellus Inc enters into a 10-year non-cancellable lease for a piece of machinery owned by Mia, Inc.  The lease calls for annual payments of $10,000, payable at the beginning of each year of the lease (first payment due 1/1/2012).  At the end of the lease, ownership transfers to Marcellus, Inc.  Mia, Inc purchased this machine on 12/31/2011 for $50,000, and the economic life of the machine is thought to be 20 years.  Marcellus uses a 6% discount rate for present value calculations, while Mia uses 8%.  9)What type of lease is the from the perspective of Mia, Inc?    10) What (if any) journal entries should Mia, Inc. record on 1/1/2012 (ignoring depreciation)?          11) What (if any) journal entries should Mia, Inc. record on 12/31/2012, assuming Mia prepares financial statements annually on 12/31?  (ignoring depreciation)           12) How much is Mia, Inc.’s net income impacted as a result of this lease in 2012?  (ignoring depreciation)  

Trigonometric Identities-2.doc

A preplanned curriculum has no disadvantages.

Some children are afraid of children with disabilities.

Which of the following resulted from Europe’s expansion overseas in the eighteenth and nineteenth centuries?

In the Japanese print above of the war between China and Japan (1894-1895), the artist suggests that the

A new graduate nurse asks a seasoned nurse why females are diagnosed with hemochromatosis at much lower rates than males. What is the seasoned nurse’s best response?

The nurse is proving discharge education to a client recovering from an anaphylactic reaction to bee stings. What is the priority instruction that the nurse will give?

A client is diagnosed with hemochromatosis. Laboratory test results indicate an elevated serum ferritin and a normal complete blood count. What action should the nurse take?

The nurse is caring for a client with iron-deficiency anemia. The healthcare provider orders IV iron 62.5 mg in 100 mL of 0.9% sodium chloride to infuse over two hours. What rate will the nurse program the infusion pump? Round your answer to the tenths.