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alekssr [168]
4 years ago
9

"Lessee and lessor entered into a lease. The lease is classified as an operating lease by both the lessee and lessor. The lease

term is shorter than the useful life of the asset. How will the leased asset be accounted for?"
Social Studies
1 answer:
Bond [772]4 years ago
6 0

Answer:

Since the lease term is shorter than the useful life of the asset; the lessor will keep the asset in his or her book, and enter the record as depreciation expenses under the asset useful life

Explanation:

Since the lease term is shorter than the useful life of the asset; the lessor will keep the asset in his or her book, and enter the record as depreciation expenses under the asset useful life

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The correct answer is letter B.

Explanation: All the others were eliminated because they were not right.

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3 years ago
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An orderly and scientific study of a subgroup by a researcher after having been accepted as a member is called:
algol13
The answer is participant observer. A participant observer is classified as a method in which is used in collecting data for research. It is a method where a person joins a particular group in order to know or learn more about them in a way that they could join them or before the person could be accepted. The person usually records and observe as he or she joins the group to know more about the group that he or she is getting into.
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3 years ago
What are the likely reasons that the market for dress shirts is not perfectly competitive?
Vaselesa [24]

the likely reasons that the market for dress shirts is not perfectly competitive are<u> dress shirts are not a standardized (homogeneous) product.</u>

<h3>What is being perfectly competitive?</h3>

A perfectly competitive market, often referred to as an atomistic market, is defined by multiple idealizing criteria, which are together referred to as perfectly competitive, or atomistic competition, in general equilibrium theory.

It has been shown in theoretical models with perfectly competitive that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price.

A Pareto optimal equilibrium would be this one. Perfectly competitive marketplaces are not always productively efficient in the short run because the output does not always occur where marginal cost and average cost are equal.

Long-term productive efficiency, however, comes about as new businesses enter the sector. Price and cost are lowered to the minimum of long-term average costs due to competition.

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7 0
2 years ago
How might monarchs react to the ideas of the Enlightenment?
olganol [36]

Answer: Negatively

Explanation:

Enlightenment ideas were not completely against monarchs but did have problems with the absolute nature of the rule of said monarchs.

Before Enlightenment, monarchs generally ruled as they pleased with the logic being that they had the right to rule from God and so had the right to control the nation as their personal property.

Enlightenment was against this and instead espoused the logic that a monarch was only able to rule due to a social contract signed between them and the people whereby they would be allowed to rule provided they took care of their subjects.

Monarchs reacted to this with negativity because it meant that they had to stop being so selfish with resources and had to share power with the people. As time went on however, and with constant pressure on them, they had to relent and it led to the dissolution of several monarchies in Europe and the transition of others to Constitutional Monarchies.

7 0
3 years ago
The annual federal budget is the plan for obtaining and expending revenue of the federal government. In a minimum of two paragra
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Government revenue

The main sources of government revenue are taxes, and specifically individual income taxes, paid by the employees and payroll taxes paid by the employers. Additionally, the government collects sales taxes and other fees such as custom duties

Government expenditures

The main expenditure is the provision of services such as Social Care, Medicaid and Medicare, but the government also pays for the defense (military) and further has a number of smaller expenses such as administration and science.
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