Business, 21.12.2019 00:31 joelpimentel
Minnetonka company leases an asset. information regarding the lease: fair value of the asset: $400,000. useful life of the asset: 6 years with no salvage value. lease term is 5 years. annual lease payments are $60,000 implicit interest rate: 11%. minnetonka can purchase the asset at the end of the lease period for $50,000. what type of lease is this? a) operating. b) finance. c) short term. d) long term.
Answers: 1
Business, 21.06.2019 16:20
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 3
Business, 21.06.2019 22:50
Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.
Answers: 3
Business, 21.06.2019 23:00
James has set the goal of achieving all "a"s during this year of school.which term best describes this goal
Answers: 2
Business, 22.06.2019 19:00
The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?
Answers: 1
Minnetonka company leases an asset. information regarding the lease: fair value of the asset: $400,...
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