The purpose of a lease is a rent. When you "lease" something, that's the business term of renting something ;-)
Answer: Maturity stage
Explanation:
Maturity stage tends to occur after growth and introduction stages. Maturity stage is known as one of the longest stages of product life cycle. Under this stage, the sales growth tends to decline; the organization tends to reach the highest point under a demand cycle; and thus advertising strategies tend to have a minimal impact on their sales growth.
Answer:
Option D is the correct answer,$ 88,338.48
Explanation:
The liability reported in the balance sheet can be computed by using the pv formula in excel which is stated thus:
=-pv(rate,nper,pmt,fv)
rate is the incremental borrowing rate of 11% per year
nper is the number of payments required to settle the obligation which is 10
pmt is the amount of yearly payment in order to fully settle the debt owed which is $15,000 per year
fv is the future worth of total payments which is not unknown,hence taken as zero
=-pv(11%,10,15000,0)=$ 88,338.48
The correct answer is $ 88,338.48
Answer:
The pension benefit obligation will be $331500
Explanation:
We have given PBO = $265000
Less pension benefits paid = $40000
Discount rate = 10% = 0.01
Service cost = $80000
Interest cost = $265000×0.01= $26500
We have to find the amount of PBO
So the pension benefit obligation PBO will be = $265000+$80000+$26500-$40000 = $331500
So the pension benefit obligation will be $331500
