Answer: C) on the balance sheet of the lessee with value equal to the present value of future lease payments.
Explanation:
According to IFRS 16 and US GAAP ASC 842 which commenced Jan 1, 2019 and Dec 15, 2018 respectively, Lease payments are to be recognized on the balance sheet of the Lessee at the present value of the future payments on the lease.
The discount rate to be used will be implicitly stated in the lease agreement if both parties were able to determine it.
decision tree
Explanation
:
A decision tree is a graph of decisions and their possible consequences; it is used to create a plan to reach a goal. Decision trees are used to aid in making decisions.
Answer: True
Explanation:
Under Agency Law in relation to employment, the salesperson is acting as an agent of the owner of the store and as such is their representative. As their representative, it is assumed that whatever they are selling is from the Owner whom they represent and as such can be binding on the owner.
This is why the Agent must act in the best interest of the owner because the owner could be held negligent for the actions of their agents. For instance, a salesperson will not be sued for a faulty equipment that caused harm but the store can.
The term for goods that your business ships to another country is known as <u>Exports</u>.
Export/ Exporting:
- The process by which companies from one country sell their goods and services to companies or consumers in a different country is known as Exporting.
- The exports, along with imports, make up international trade.
- They are incredibly important to modern economies as they offer people and firms many more markets for their goods.
- Exporting into foreign markets can reduce per-unit costs by expanding operations to meet increased demand.
- Also, the companies that export into foreign markets gain new knowledge and experience that may allow the discovery of new technologies, marketing practices, and insights into foreign competitors.
Banks and Credit Unions usually charge the lowest rates on loans.
