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olga_2 [115]
4 years ago
8

Minnetonka Company leases an asset. Information regarding the lease:

Business
2 answers:
emmainna [20.7K]4 years ago
6 0

Answer:

D) Finance.

Explanation:

In a financial lease, the lessee must include the leased asset in its balance sheet. Even though the title of the leased asset is transferred after the lease term is over, the lessee must consider the leased asset as its own. The lessee even has to depreciate the leased asset in the same way as it treats similar assets owned by the company.

While the lessee depreciates the leased assets, the lessor must amortize them.

wariber [46]4 years ago
4 0

Answer: The options are given below:

A. Short term.

B. Operating.

C. Long

D. Finance.

The correct option is D. Finance.

Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.

In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.

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The implementation of strategies in an organization should happen largely through tactical planning. This means that _____ in ea
natima [27]

Answer:

B. middle managers

Explanation:

Middle managers and lower managers are responsible for implementation of the organization's strategies. However, middle managers are  in charge of the lower level managers and the former report to the top-level managers. Top level managers on the other hand are usually responsible for broad strategic planning that covers huge investment decisions, company polices and strategic alliances; they determine the trajectory of the company.

5 0
3 years ago
Lee Company has a current ratio of 2.65. The acid test ratio is 2.01. The current liabilities of Lee are $45,000. The dollar amo
White raven [17]
Given:
Current ratio: 2.65
acid test ratio: 2.01
current liabilities: $45,000

Current ratio = current asset / current liabilities
2.65 = current assets / 45,000
2.65 * 45,000 = current assets
119,250 = current assets

Acid test ratio = (current assets - stocks) / current liabilities
2.01 = (current assets - stocks) / 45,000
2.01 * 45,000 = current assets - stocks
90,450 = current assets - stocks

119,250 - 90,450 = 28,800 is the dollar amount of merchandise inventory.
6 0
3 years ago
MARKING BRAINLIEST PLEASE HELP <br> CAN SOMEONE PLEASE HELPPP
OlgaM077 [116]

Answer:

Yes, but what is your question?

Explanation:

8 0
3 years ago
Read 2 more answers
C&amp;A's potato chip filling process has a lower specification limit of 9.5 oz. and an upper specification limit of 105 oz. The
kirza4 [7]

Answer:

Process capability index (cp) for the chip filling process is 0.56

Explanation:

Process capability index (cp) = (Upper Specification Limit - Mean) / (3 * standard deviation) = (Mean - Lower Specification) / (3 * standard deviation)

Process capability index (cp) = (10.5 - 10) / (3*0.3)

Process capability index (cp) = 5/9

Process capability index (cp) = 0.56

8 0
4 years ago
Suppose that a worker in Agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in Zen
dybincka [34]

Answer:

D) or E) (are this the same?) 50 units of grain and 130 units of incense

Explanation:

Agland has an advantage producing Organic grain, and Zealand producing Incense, So:

If Agland specialices in producing organic grain it would produce with 20 workers 200 units of grain a year.

If Zealand specialices in producing Incense, it would produce with 10 workers 150 units of incense a year.

This gives a Total combined output of 200 units of grain and 150 unit of incense a year.

Given that the total current output of the two countries is 150 units of grain and 20 units of incense it would increase in 50 units of grain and 130 units of incense.

8 0
3 years ago
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