Answer: Cullumber should classify this lease as a financial lease
Explanation:
Financial Leasing is a method of financing whereby a the lessor buys asset on the lessee whom is the customer.
The above is a financial lease due to:
1. With regards to the property's estimated economic life the lease term is about 75% or more.
2. At the end of the lease term, the asset will have no alternative use to the lessor.
3. The present value with regards to the minimum lease payments is not reflected in the lease payments.
The requirements that can be met are as follows :-
"A score of 85% or above on the question in the yearly survey Would you refer a friend to this gym"?
"Ensure that 90% of new gym members schedule an introductory session during the first two weeks of their membership".
Thus option third and fourth are correct.
<h3>
What is KPIs?</h3>
A performance indicator, often known as a key performance indicator, is a sort of performance metric. KPIs assess the success of a business or a specific activity in which it participates.
Specific, quantifiable, realistic, relevant, and time-bound requirements can be fulfilled by "A score of 85% or higher on the yearly survey question Would you recommend this gym to a friend? "? "Make sure that 90% of new workout members book an initial session within the first 2 weeks of joining."
Therefore, it can be concluded that option third and fourth are correct.
Learn more about KPIs here:
brainly.com/question/8326923
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Your question is incomplete, but most probably the full question was….
List of options:-
- Ensure 80% of clients use the gym’s online system to book personal training appointments
- Increase how much money customers spend in the gym’s juice bar
- A score of 85% or more in the annual survey for the question ‘Would you recommend this gym to a friend?’
- Ensure 90% of new gym members book an induction session within the first two weeks of joining
Answer:
total variable cost increases
Explanation:
Variable cost refers to the expenses that change with production volume. There is a direct relationship between variable costs and the level of production. An increase in the output level will result in a rise in variable costs. For sales volume to increase, the output level must have been high.
A high production level is necessary to support a high sales volume. Examples of variable costs are packaging and raw materials. A high output level will require the use of a large volume of raw materials, hence higher costs. Fixed cost contrast variable costs, as they do not change with varying output.
Answer:
A.) Medium of exchange - Here money is used for doing transaction and therefore, this example is under the medium of exchange.
B.) Store of value - Here, a person store or deposits his money into a bank and therefore, this shows the store of value characteristic of money.
C.) Medium of exchange - Here, one of my friend utilize money for helping me mowing lawns which shows that money is used as a medium of exchange.
D.) Unit of account - The unit of account characteristic of money is reflected here because a person easily calculated his net earnings for the year on the tax return in terms of money.
E.) Unit of account - The unit of account characteristic of money is reflected here because a person easily calculated his new lawn mower value.
