Bram buys a bulldozer from construction equipment corporation, which he leases to earth movers, inc. in this situation, the lessee is Earth Movers, Inc. <span>A </span>lessee is the person who rents land or property from a lessor. A lessor on the other hand is <span>A </span><span>lessor </span><span>is </span>the party who rents property to another party<span>. Bram is the lessor in this situation.</span>
Answer:
A) Adaptability
Explanation:
The company could not adapt to the current trends in the market. organizational adaptability is concerned with how firms could quickly adjust their business processes to changes that enhances their growth and make give them the ability to compete with rivals.
Many advantages are embedded in adjusting to the trend in the market, one of which is:
1. They value their employees
2. They have a well defined goals
3. They become more creative
Answer: Please refer to Explanation
Explanation:
DR Bonds Payable ............... $ 72,100
DR Premium on Bonds Payable (74,950 - 72,100) ...... $2,850
CR Cash ...................................... $70,100
CR Gain on Discharge of Bonds ($74,950 - $70,100) $4,850
(To record retirement of premium bond before time)
If you need any clarification do comment.
Answer: B. the additional enjoyment of one more speaking engagement (the marginal benefit) is rising.
