1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Semenov [28]
3 years ago
5

All of the following statements regarding leases are true except : A. For a capital lease the lessee records the leased item as

its own asset. B. Capital leases do not transfer ownership of the asset under the lease, but operating leases often do. C. Capital leases create a long-term liability on the balance sheet, but operating leases do not. D. For a capital lease the lessee depreciates the asset acquired under the lease, but for an operating lease the lessee does not. E. For an operating lease the lessee reports the lease payments as rental expense.
Business
1 answer:
faust18 [17]3 years ago
5 0

Answer: B. Capital leases do not transfer ownership of the asset under the lease, but operating leases often do.

Explanation:

When using Capital Leases, the lessee will record the lease as if it were their own asset and as a result will also depreciate it. The lessee will also create a long term liability on their balance sheet for the asset.

Capital leases usually also involve a transfer of ownership to the lessee at the end of the lease term. Operating Leases on the other hand do not have these features. They are more like a rental of an asset and as such are recorded as a rental expense in the books of the lessee. The ownership remains with the lessor in an Operating Lease and the asset will be returned once the lease period is over.

You might be interested in
Throughout this course Dr. Jude has provided you with a variety of examples of the Presentation Zen approach to presentation des
Iteru [2.4K]

Answer:

b. Behavior modeling

Explanation:

Behaviour modeling is defined as a learning process where a person is shown how to do something and they are assisted to imitate the model shown.

In this type of model a person can learn through observation of the model. He now imitates what has been seen.

In the given scenario Dr. Jude has provided a variety of examples of the Presentation Zen approach to presentation design and delivery in action.

She designed her lectures/instructor commentaries using this approach and the DMP2 and DMP3 example projects also used the Presentation Zen approach. This is aimed at showing a model that should be imitated.

8 0
3 years ago
Intellectual capital alludes to substantial resources and assets of a venture that are caught by traditional accounting reports.
Alex787 [66]

Answer: False

Explanation:

Intellectual capital simply refers to the intangible assets and the resources that helps in the contribution to the value of a particular company or enterprise and help such company to gain competitive advantage over its counterparts.

It should be noted that these assets and resources aren't caught by the traditional accounting reports.

The above statement means that the statement in the question is wrong. Intellectual capital are not caught by traditional accounting reports.

8 0
2 years ago
Read the sentence.
kow [346]

Answer:I think its 4

Explanation:

4 0
3 years ago
Read 2 more answers
The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year, respecti
NikAS [45]

Answer:

37.5%

Explanation:

In this question, we are asked to calculate the Value of the cash return on asset

We use a mathematical representation to do this. Let’s get the formula.

Mathematically:

Cash return on assets = operating cash flows/average total assets

According to the question, the operating cash flow has a value of $150,000. The average total assists have a value of (350,000+450,000)/2 = 800,000/2 = $400,000

We input these values into the formula:

Cash return on assets = 150,000/400,000 = 37.5%

5 0
3 years ago
In​ March, 2006 the labor department of the country of Jobland determined that the size of the labor force was 100 million out o
Lubov Fominskaja [6]

Answer:

a). Unemployment rate in March=8%

b). Unemployment rate in April=9.4%

Explanation:

a).

The unemployment rate can be expressed as;

R=P/L

where;

R=unemployment rate

P=number of unemployed persons

L=labor force

In our case;

R=unknown

P=number of unemployed persons=labor force-number of employed persons

P=100-92=8 million

L=100 million

replacing;

R=8/100=0.08×100=8%

The unemployment rate in March=8%

b).Unemployment rate for April

Unemployment rate={(total unemployed+discouraged workers)/(labor force+discouraged workers)}×100

total unemployed=8 million

discouraged workers=1.5 million

labor force=100 million

replacing;

Unemployment rate=(8+1.5)/(100+1.5)=(9.5/101.5)×100=9.4%

Unemployment rate in April=9.4%

6 0
2 years ago
Other questions:
  • What is an attorney’s secondary attempt to exclude a juror?
    6·2 answers
  • Which of the following is not a benefit of using advertising to promote a product or service?
    8·1 answer
  • Exercise 4-8 (part level submission) plevin company ended its fiscal year on july 31, 2017. the company’s adjusted trial balance
    13·2 answers
  • Which financial decision is this:
    8·1 answer
  • Ted owns a small florist shop. Since his business is booming, his realizes he will soon need one more delivery van. He decides h
    6·1 answer
  • Assume MIX Inc. has sales volume of $1,342,000 for two products with May sales and contribution margin ratios as follows:
    6·1 answer
  • Based on your understanding of the different items reported in the balance sheet and the information they provide, which stateme
    7·2 answers
  • Consider the following: Lumber Revenues, $120,000; Hardware Revenues, $90,000; Cost of Sales, $130,000; All other costs and expe
    6·1 answer
  • consider a country that produces only wheat and corn. Based on the data in the table, the growth rate of nominal GDP from 2005 t
    12·1 answer
  • 5) Explain the difference between value analysis and value engineering.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!