A lease that transfers substantially all the risks and benefits of ownership from the lessor to the lessee is referred to as
A) ?a capital lease.
B) ?a capitalization lease.
C) ?an operating lease.
D) ?a transfer lease.
A
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Worldwide Appliance Co. put together data to measure sales performance by region of the United States. The Western region included 30 percent of the U.S. population and was expected to deliver a similar share of Worldwide's sales. This region ended up delivering 30 percent of the company's overall sales. The performance index for the Western region would be
A. 130. B. 1.30. C. 0.90. D. 100. E. 90.
“Development that meets the needs of the present without compromising the ability of future generations to meet their own needs” is the definition of ______.
A. stakeholder theory B. sustainability C. stewardship D. shareholder theory
Suppose that a firm has a degree of financial leverage (DFL) that is greater than 1.0; that is, DFL > 1. If the firm's sales decrease by 1 percent, its ______ will decrease by more than 1 percent.
A. earnings per share (EPS) B. net operating income (NOI) C. interest expense D. variable costs E. fixed financing costs
A series of steps or procedures that are repeated is known as an algorithm
Indicate whether the statement is true or false