Which of the following criteria would require a lessee to classify a lease of land as a capital lease? 1. Transfer of ownership 2. Contains a bargain purchase option 3. Lease term is 75% of economic life 4. Present value of lease payments is 90% of fair value ? ?

A) any of the criteria
B) criterion 1 or 2
C) criterion 1, 2, or 3
D) criterion 1, 2, or 4


B

Business

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Buying domain names on the Internet that may be important to famous people or businesses with the idea of making money from selling the domain name to them is called domain squatting

Indicate whether the statement is true or false

Business

The marketers of Corona beer achieved great success in the U.S. market by:

A) retaining the bottle design originally used in Mexico. B) hiring Hispanic movie stars as endorsers. C) distributing Corona in returnable bottles. D) changing the brewing recipe to conform to American palates. E) having the label in Spanish.

Business

Which of the following ratios is used to analyze a company's liquidity?

a. Return on assets ratio b. Inventory turnover ratio c. Earnings per share d. Asset turnover ratio

Business

The nearly universal belief that if someone does something for you, they should be paid back is known as ______.

A. The law of averages B. Karma C. the Golden Rule D. the law of reciprocity

Business