An example of a profit is the right to remove gravel
Indicate whether the statement is true or false
True
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The job order cost card reflects the product cost per unit
Indicate whether the statement is true or false
On March 1 . 2014, Hardy Corp became the lessee of new equipment under a noncancelable six-year lease. The total estimated economic life of this equipment is ten years. The fair value of this equipment on March 1 . 2014, was $100,000 . The lease does not meet the criteria for classification as a capital lease with respect to transfer of ownership of the leased asset, or bargain purchase option,
or lease term. Nevertheless, Hardy must classify this lease as a capital lease if, at inception of the lease, the present value of the minimum lease payments (excluding executory costs) is equal to at least a. $67,500. b. $75,000. c. $90,000. d. $100,000.
Which of the following is not one of the practices that Kouzes and Posner (2012) believe that leaders engage in when they are at their best?
a. Challenging the process. b. Encouraging the heart. c. Inspiring each person with their own personal vision. d. Modeling the way.
Which of the following is not a part of every linear programming problem formulation?
A) an objective function B) a set of constraints C) non-negativity constraints D) a redundant constraint E) maximization or minimization of a linear function