For the lessor, cash receipts for a direct financing lease are classified as inflows in the financing activities section of the cash flow statement.
Answer the following statement true (T) or false (F)
False
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Marcus is trying to persuade his managers to give an extra day off for Thanksgiving break by reminding them that they want employees to be happy, and that holiday breaks make employees happy. This type of persuasion is
.a. inductive reasoning. b. deductive reasoning. c. cognitive dissonance. d. causal reasoning.
A taxpayer pays 6.2% of taxable wages for both social security and Medicare taxes.
Answer the following statement true (T) or false (F)
A 10-year bond pays an annual coupon, its YTM is 8%, and it currently trades at a premium. Which of the following statements is CORRECT?
A. If the yield to maturity remains at 8%, then the bond's price will decline over the next year. B. The bond's coupon rate is less than 8%. C. If the yield to maturity increases, then the bond's price will increase. D. If the yield to maturity remains at 8%, then the bond's price will remain constant over the next year. E. The bond's current yield is less than 8%.
Depreciation methods that result in the annual depreciation in the early years to be greater than under the straight-line method are referred to as accelerated cost recovery methods
Indicate whether the statement is true or false