Hydra Company entered into a direct-financing lease with Bridges Company for the use of an asset which cost Hydra $195,000 . The lease agreement contained a bargain purchase option effective immediately after the fifth rental, which provided that Bridges could purchase the asset at that time. The estimated life of the asset was 1 . years with an estimated residual value of $500 . Assuming that

Bridges uses straight-line depreciation, Bridges's annual depreciation expense would be
a. $19,500
b. $19,450
c. $19,550
d. $19,000


B

Business

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Global marketers should take note of the fact that almost half of the world's population is located in:

A) low-income countries. B) lower-middle-income countries. C) upper-middle-income countries. D) high-income countries. E) higher-middle-income countries.

Business

Differentiate between a clean bill of lading and a claused bill of lading

What will be an ideal response?

Business

Which of the following is not one of the growth strategies outlined in the text?

A. Market development strategy B. Diversification strategy C. Customer development strategy D. Product development strategy

Business

A(n) _____ is a group of people or organizations for whom an organization designs, implements, and maintains a marketing mix intended to meet the needs of that group, resulting in mutually satisfying exchanges.

A. heterogeneous segment B. target market C. responsive segment D. aggregated market E. undifferentiated target

Business