NAFTA has resulted in the elimination of all trade barriers among the United States, Canada, and Mexico
Indicate whether the statement is true or false
True
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All of the following are benefits of leasing except:
a. They have the ability to shift the tax benefits from depreciation and other deductions from a lessee that has little or no taxable income to a lessor that has substantial taxable income. b. They provide flexibility to change capacity as needed without having to purchase or sell assets. c. They have the ability to reduce the risk of technological obsolescence, relative to outright ownership, by maintaining the flexibility to shift to technologically more advanced assets. d. In an operating lease, the lessee recognizes the signing of the lease as the simultaneous acquisition of a long-term asset and the incurring of a long-term liability for lease payments.
The first-in first-out inventory method assumes that the newest purchases will be the first sold
Indicate whether the statement is true or false
What is the advantage of a prepayment penalty mortgage from the perspective of the lender?
What will be an ideal response?
Identify and briefly describe four wireless telecommunications networks
What will be an ideal response?