Both the lease asset and the lease liability appear on the lessee's balance sheet under the capital lease method, whereas neither appears on the lessee's balance sheet under the operating lease method
Indicate whether the statement is true or false
T
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Dividing net sales on account by the average amount of net accounts receivable is the calculation for the
a. accounts receivable turnover. b. working capital turnover. c. merchandise inventory turnover. d. plant and equipment turnover.
A firm uses ________ when it charges a high, premium price for a new product with the intention of reducing the price in the future.
A) market-skimming pricing B) target costing C) deceptive pricing D) market-penetration pricing E) predatory pricing
Identify a benefit of outsourcing.
A. It enables a firm to develop the ability to perform processes previously performed by other firms. B. It frees people, money, and other resources to be employed in profitable ways. C. It gives a firm more control over its value chain. D. It simplifies the value chain.
The contents of a sample of 26 cans of apple juice showed a standard deviation of 0.06 ounce. We are interested in testing to determine whether the variance of the population is significantly more than .003 . The p-value for this test is _____
a. .05 b. greater than .10 c. less than .10 d. 1.96