A lease in which at the end of the lease period the asset becomes the property of the lessee, possibly with an additional payment is called a(n) ________ lease.

A. capital
B. leveraged
C. operating
D. direct


Answer: A

Business

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A $300,000 bond was redeemed at 104 when the carrying value of the bond was $316,000 . The entry to record theredemption would include a

a. loss on bond redemption of $3,000 b. gain on bond redemption of $3,000 c. gain on bond redemption of $4,000 d. loss on bond redemption of $4,000

Business

In ________, the market leader stretches its domain over new territories that can serve as future centers for defense and offense

A) counteroffensive defense B) flank defense C) contraction defense D) mobile defense E) position defense

Business

In XL Data Analyst, if you want to summarize a metric variable, you would select which of the following?

A) click on XL Data Analyst, Categorical, Percents B) click on XL Data Analyst, Summarize, select either Percents or Averages C) click on XL Data Analyst, Summarize, select Averages D) click on XL Data Analyst, Summarize, select Percents E) click on XL Data Analyst, Summarize, select Metric

Business

Working capital equals current assets divided by current liabilities

Indicate whether the statement is true or false

Business