Which of the following facts would require a lessee to classify a lease as a capital lease?
A) The lease term is 85% of the estimated economic life of the leased property.
B) The present value of the minimum lease payments is 85% of the fair market value of the leased property to the lessor, less any investment tax credit accruing to the lessor.
C) The lease contains a purchase option.
D) There are no important uncertainties about the amounts of unreimbursable costs.
A
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Which of the following statements is true about perceived value?
A) A single perceived value exists in the marketplace. B) When the price of a product is higher than the perceived value, it is known as value pricing. C) Perceived value is always relative. D) Perceived value is standard across customers with similar purchasing power.
The closing paragraph of a bad-news message should include ________
A) an alternative or compromise B) resale or sales promotion information C) ?reference to an enclosed coupon, certificate, or other freebie D) any of these options, as appropriate
What tracks and communicates changes in the shareholder's earnings?
A. Balance sheet B. Income statement C. Statement of cash flows D. Statement of owner's equity
A merchant wholesaler
A. arranges for transfer of goods directly to business and retail customers. B. takes title to goods, assumes risk associated with ownership, and buys and resells products. C. takes title and possession of goods and sells only to retailers. D. does not take title or possession of goods but facilitates exchanges between any parties. E. deals exclusively with business products.