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
riadik2000 [5.3K]
3 years ago
7

In which of the following scenarios would the short-cut method be permissible? A) A lease term of 6 months with an option to ren

ew for an additional 7 months. B) A lease term of 8 months with a bargain purchase option if the lease is extended to 24 months. C) A lease term of 3 months with an option to extend for an additional 9 months. D) A lease term of 24 months with a bargain purchase option exercisable at 18 months
Business
1 answer:
BaLLatris [955]3 years ago
5 0

Answer:

A) A lease term of 6 months with an option to renew for an additional 7 months.

Explanation:

In the short-cut approach both the lessee and lessor can choose to not to record the lease in the beggining.

You might be interested in
A supervisor finds the mean number of miles that the employees in a department live from work. He finds and . Which statement mu
MrMuchimi

Complete Question:

A supervisor finds the mean number of miles that the employees in a department live from work. He finds x=2.9 and s=3.6. Which statement must be true?

z376 is within 1 standard deviation of the mean.

z37 is between 1 and 2 standard deviations of the mean.

z37 is between 2 and 3 standard deviations of the mean.

z37 is more than 3 standard deviations of the mean.

Answer:

z37 is between 2 and 3 standard deviations of the mean.

Explanation:

Standard deviation is a way of measuring of how much the value sample varies or disperses. A low standard deviation means that the values are near the mean value of the set, whereas a high standard deviation implies that the values are distributed over a wider range.

In reasonably average data sets, the values reflect about 68 per cent of the sample within 1 standard deviation from the mean; about 95 per cent in 2 standard deviations; and about 99.7 per cent within 3 standardized deviations.

6 0
3 years ago
Read 2 more answers
While preparing a bank reconciliation, a bank service charge was discovered. This adjustment would be recorded with a?
Sedaia [141]

While preparing a bank reconciliation, a bank service charge was discovered. This adjustment would be recorded with a Credit to cash, debit to bank fees expense.

Bank Reconciliation is an important manner in accounting wherein agencies healthy their bank statements with the transactions which can be recorded in their preferred ledger. making ready a financial institution reconciliation statement facilitates businesses to put off viable errors in transactions or bookkeeping.

There are 5 principal kinds of bank reconciliation: financial institution reconciliation, consumer reconciliation, dealer reconciliation, inter-company reconciliation, and business-unique reconciliation.

In bookkeeping, a financial institution reconciliation is a procedure by using which the financial institution account balance in an entity’s books of account is reconciled to the balance said by using the monetary organization inside the maximum latest bank declaration. Any distinction between the 2 figures needs to be examined and, if appropriate, rectified.

Learn more about bank reconciliation here brainly.com/question/15525383

#SPJ4

7 0
2 years ago
Which facility has enabled rural hospitals to have increased access to specialist consultations?
pantera1 [17]

Answer:

<em>Telemedicine</em>

Explanation:

Distributing health related information and services via telecommunication technologies and electronic information is called telemedicine. The contact between patient and clinician is long distance.

The clinician used electronic means such as computers to intervene, monitor and educate the patient. Livongo health and Teladoc are two famous tele medicine companies.In US telemedicine has successfully reduced the healthcare costs and improved the patient access to medical care. According to a study 61 percent of healthcare institutions in US use tele medicine.

4 0
3 years ago
At their regular monthly meeting, a group of local brokers agrees that the introduction of "discount brokerages" in their area w
steposvetlana [31]

Answer:

would be considered collusion.

Explanation:

Collusion refers to an illegal agreement between two or more businesses that decide to cooperate together by setting prices or production quotas. This businesses should naturally compete against each other, not team up to charge higher fees. Collusion is illegal because it leads to unfair market advantages because they negatively affect competition.

8 0
3 years ago
Granite Company purchased a machine costing $128,000, terms 3/10, n/30. The machine was shipped FOB shipping point and freight c
Alborosie

Answer:

machine enter the accounting at <em> 138,210 dollars</em>

Explanation:

cost: 128,000 x ( 1 - 3%) = 124,610

shipping cost:                      2,800

installation cost:              <u>   10,800   </u>

total incurred cost

to leave the machine

ready for use:             <em>    138,210</em>

<em />

<em>The damge are expenses for the period as they arent a necessary cost to utilize the machine.</em>

<em>The company used the discount price over the list price as this is the atual cost incurred</em>

8 0
3 years ago
Other questions:
  • ​recently, amazon.com has been accused of​ __________, which is the practice of selling products below cost to harm competitors.
    7·1 answer
  • By offering a menu of policies with different premiums and deductibles, insurance companies can _____ their customers; for examp
    8·1 answer
  • As a manager of a retail-clothing store, Lance favors detailed job descriptions, formal rules and regulations, detailed records,
    6·1 answer
  • Which of the following is an example of an extent decision? Should your company implement a different bonus structure for manage
    5·1 answer
  • It is sometimes difficult to determine whether large corporations such as the Carlyle Group, or Wall Street overall, are expandi
    11·1 answer
  • Palm Meadows Inc. is in the business of building homes. It has acquired land large enough to make 10 large and 10 medium-sized h
    11·1 answer
  • DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced __________ performance in the
    8·1 answer
  • In Canada, the average worker can produce 10 computers or six cars a year. In the United States, the average worker can produce
    12·1 answer
  • A central characteristic of management by objectives (MBO) is that: Group of answer choices employees are given complete freedom
    10·1 answer
  • Combining the razor-razor-blade model and the subscription model means that telecom providers make their money through lengthy s
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!