Which of the following is/are not one of the conditions of a capital lease?

a. transfer of ownership to the lessee at the end of the lease term
b. transfer of ownership to the lessee appears likely because of a "bargain" purchase option
c. lease extends for at least 70 percent of the asset's life
d. present value of the minimum contractual lease payments equals or exceeds 90 percent of the fair market value of the asset at the time the lessee signs the lease
e. all of the above


C

Business

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What is the difference between a materials requisition and a purchase requisition?

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Provide two examples of each of the three types of intellectual capital discussed in the text.

What will be an ideal response?

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When marketers at Procter & Gamble selected the Millennials, a demographic that includes college students, as an untapped group of potential customers for the company's Febreze line of products, they were executing which of the following?

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