A lessor has an account, Equipment Leased to Others, and the related account, Accumulated Depreciation: Equipment Leased to Others, on its year-end balance sheet. How should the lease related to these accounts be classified?
A) operating lease
B) direct financing lease
C) sales-type lease
D) leveraged lease
A
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________ reflects the cash value of the job plus bonuses paid to incumbents; it excludes stock options.
A. Incentive B. Total cash C. Total compensation D. Base cash E. Benefit
Markell Inc issued stock options. Which of the following is not true?
A) The shareholders determine the terms upon which the stock options are issued, their form and content, and the consideration for which the shares are to be issued. B) A stock warrant is a type of stock option that is freely transferable and that typically has a longer term than a stock right. C) Markell Inc. may use stock options or warrants in its incentive compensation plans for the directors and officers of the company. D) Markell Inc. may use stock options to help in raising capital for the business by making one class of securities more attractive by including in it the right to purchase shares in another class.
Which of the following is not a component of emotional intelligence?
a. self-awareness b. self-regulation c. sympathy d. optimism
Two investment advisers are comparing performance. Adviser A averaged a 20% return with a portfolio beta of 1.5, and adviser B averaged a 15% return with a portfolio beta of 1.2. If the T-bill rate was 5% and the market return during the period was 13%, which adviser was the better stock picker?
A. Advisor A was better because he generated a larger alpha. B. Advisor B was better because she generated a larger alpha. C. Advisor A was better because he generated a higher return. D. Advisor B was better because she achieved a good return with a lower beta.