Which of the following statements regarding capital leases is FALSE?
A) Because capital leases increase the apparent leverage on the firm's balance sheet, firms sometimes prefer to have a lease categorized as an operating lease to keep it off the balance sheet.
B) The firm does not report the present value of the future lease payments as a liability on the balance sheet.
C) The asset acquired is listed on the lessee's balance sheet, and the lessee incurs depreciation expenses for the asset.
D) They are viewed as an acquisition for accounting purposes.
Answer: B
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Indicate whether the statement is true or false
Which component of the marketing mix identifies the good or service?including packaging, branding, and warranty?the company offers to the target market?
A) price strategy B) promotion promotion strategy C) product strategy D) place strategy E) package strategy
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a. considered a product cost. b. absorbed by all units in ending inventory and transferred out on an equivalent unit basis. c. written off as a loss on an equivalent unit basis. d. absorbed by all units past the inspection point.
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What will be an ideal response?