Assume that a piece of leased equipment has a relatively high expected residual value. From the lessee's viewpoint, it might be better to own the asset rather than lease it because with a high residual value the lessee will likely face a higher lease rate.

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


False

Business

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Intra-industry trade can be explained in part by

a. Adam Smith's principle of absolute advantage. b. perfect competition in product markets. c. diseconomies of large scale production. d. transportation costs between and within nations.

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When developing questionnaire questions, if you are considering order position bias and the set of all possible response alternatives, you are developing ________ questions

A) multiple choice B) dichotomous C) scale D) branching

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The direct materials standards for the main product of Duchess Company are 8 grams of direct materials per product at a cost of $3 per gram. During April, 974 grams of direct materials were used to produce 120 products at a direct materials cost of $2,900 . The direct materials quantity variance for April was

a. $72 (U). b. $92 (U). c. $42 (U). d. $112 (F).

Business

In a double net lease arrangement, property taxes are shared between the tenant and the landlord

Indicate whether the statement is true or false

Business