For which of the following conditions will the lessor classify a capital lease as a sales-type capital lease??
A) ?The present value of the minimum lease payments is equal to 90% or more of the fair value.
B) ?The fair value of the lease property is greater than its cost.
C) ?The lease term is equal to 75% or more of the estimated economic life of the leased property.
D) ?The collectability of the minimum lease payments is reasonably assured.
B
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According to the ________ hierarchy of effects, the consumer considers purchases based on an attitude of hedonic consumption (such as how the product makes him or her feel or the fun its use will provide)
A) experiential B) habitual C) low-involvement D) standard learning
Levy Inc, a U.S.-based smartphone manufacturer, extends its line of high-end smartphones to the Asian market to capitalize on the high demands for smartphones
Owing to its huge success in the United States, Levy uses the same set of marketing mix in the Asian markets. In this case, the company's management orientation is referred to as ________. A) regiocentric B) polycentric C) concentric D) ethnocentric
Like any effective salesperson, Frazer walks into a customer's office, shakes hands, looks the customer in the eye, and smiles. After exchanging pleasantries, Frazer will immediately try to create interest in his company's product and establish
A. where the customer is in the buying process. B. which of the alternative products to demonstrate. C. which type of follow-up will be needed. D. how much time has been allocated for the presentation. E. whether to quote a full price or discount price.
Wayne breaches a contract with Tim causing damages of $25,000 in lost profits, when damages under ordinary circumstances would be $17,000 . Explain under what circumstances a court would award $25,000