On January 1, 2016, Reynolda Co leased equipment by signing a five-year lease that required five payments of $30,000 due on January 1 of each year with the first payment due January 1, 2016. The equipment remains the property of the lessor at the end of the lease and Reynolda does not guarantee any residual value. Using a 10% cost of capital, Reynolda capitalized the lease on January 1, 2016, in
the amount of $125,096. What is the amount of current portion of the lease obligation Reynolda should report on the December 31, 2017, balance sheet?
A) $7,461
B) $20,490
C) $22,539
D) $30,000
C
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Which balance sheet account is usually reported at net realizable value?
A) ?Investments B) ?Land. C) ?Accounts Receivable. D) ?Inventory.
Answer the following statements true (T) or false (F)
1.There are three easy stages to the forgiveness process. 2.One of the stages in the forgiveness process is to realize that forgiveness 3.Felicia has begun to recognize that anger does not feel good and is desiring to repair the damage to her relationship with Paul. This is an example of one of the stages of the forgiveness process. 4.People unable to forgive a violation of trust put themselves in danger of experiencing not just emotional difficulties and interpersonal problems but also impaired cardiovascular, neurological, and immune systems. 5.Bruce is not accepting of others’ flaws and is able to ignore his own, thus increasing his chances of deriving satisfaction from his relationships. This is an example of effective forgiveness.
According to Thomas, what is the most important regional difference that nongovernmental organization (NGO) managers must accommodate?
A. politics B. religions C. legal systems D. external environments
An emphasis on internal fit between organizational components usually focuses on ______________, while a focus on external fit with the environment often focuses on ___________.
a. Fit, financials b. Efficiency, effectiveness c. Culture, customers d. Size, sales