The appropriate discount rate that a lessee should use to value a financial lease is the:

A) lessee's aftertax weighted average cost of capital.
B) lessor's aftertax cost of borrowing.
C) lessee's aftertax cost of secured borrowing.
D) capitalization rate stated in the lease contract.
E) current U.S. Treasury T-bill rate.


C) lessee's aftertax cost of secured borrowing.

Business

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To create active statements that show results, which of the following should be included?

A) Small details whenever possible B) General claims C) Action verbs D) Claims that express your ability to be a team player E) Quantified results to the most important claims

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Debit means increase and credit means decrease for all accounts.

Answer the following statement true (T) or false (F)

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A court order directing a debtor to pay an amount owed is called a(n)

a. judgment. b. lien. c. execution. d. wage assignment.

Business

The percent of sales method does not provide a reasonable prediction of asset levels for instances

when there are economies of scale in the use of the asset being forecast and when asset purchases are lumpy. Indicate whether the statement is true or false

Business