Which of the following is true regarding the deferral of sale profits on a sale-leaseback under IAS 17, "Accounting for Leases?
a. Any profit on a sale-leaseback resulting in an operating lease is deferred and recognized over the subsequent lease period, whereas any loss is recognized immediately.
b. Both profits and losses on a sale followed by an operating lease leaseback are recognized immediately if the transaction is established at fair value.
c. Profit from the sale should be deferred and amortized in proportion to the amortization of the leased asset if a capital lease results from the sale-leaseback.
d. Profit from the sale should be amortized in proportion to the rental payments it an operating lease results from the sale-leaseback.
B
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Salespeople need to have knowledge for all of the following EXCEPT:
A. increasing the individual salesperson's self-confidence. B. building the buyer's confidence in the individual salesperson. C. increasing cognitive dissonance among customers. D. meeting buyer's expectations E. building relationships with their customers.
When asking a previous supervisor to write a letter of recommendation, you would be smart to provide the supervisor with a detailed description of your target job, the recommendation deadline, and copies of your résumé and college transcript
Indicate whether the statement is true or false
Gateway sold a big-screen TV and entertainment center to Iris for $2000 on credit. Iris signed a promissory note and gave Gateway a security interest in the TV and entertainment center. Gateway filed a financing statement in the appropriate public
office. When Iris defaulted on her monthly payments owing a balance of $1780, Gateway's attorney made arrangements to have the TV and entertainment center repossessed. The attorney then placed classified ads in the local newspaper to sell the goods. The attorney's fees are $300, the repo company charged $150, and the advertising costs are $50. (A) If Iris chooses to redeem the property, how much must she pay to Gateway to recover the property? (B) If Iris does not redeem and the TV and entertainment center are sold for $1750, how will the money be disbursed?
Answer the following statement(s) true (T) or false (F)
1. In a pitch, it is a good idea to use the 4 Ps framework. Using the framework will organize your review of the product and make sure your pitch is complete. 2. Some people expand the 4 Ps to include people and owner personality. 3. Because of the nature of guerrilla marketing, its use is limited to entrepreneurs and small businesses. 4. Most investors will invest primarily in your product or idea, not in you.. 5. Modern sales is genuine and creative, adds value, and builds relationships.