On January 1, 2016, Kathy Corp leased equipment by signing a five-year lease that required five payments of $60,000 due on December 31 of each year. Kathy has a 9% cost of capital and capitalized the lease on January 1, 2016, in the amount of $233,379. As of December 31, 2016, what amount is reported as the current portion of the lease obligation?
A) $60,000
B) $46,331
C) $42,506
D) $13,669
C
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Times interest earned is calculated by:
A. Dividing income before interest expense by interest expense and income taxes. B. Dividing income before interest expense and income taxes by interest expense. C. Multiplying interest expense by income before interest expense. D. Multiplying interest expense by income. E. Dividing interest expense by income before depreciation and interest expense.
____________ customers need high levels of service, often with quick and reliable response times, and are willing to pay for the privilege
a. basic needs b. risk avoider c. hand holder d. intermediate needs e. advanced needs
The equity theory explanations of motivation focus on the person’s perception of the fairness of the amount and allocation of rewards among individuals. What is the term used to identify this notion of fairness?
a. Procedural justice b. Distributive justice c. Perceptive justice d. Rewards justice
Internet tools used in the B2B market that focus primarily on lowering price do not always lower total purchasing costs.
Answer the following statement true (T) or false (F)