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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.

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7 0
1 year ago
Among the states, the law governing limited liability companies is far from uniform because Group of answer choices a limited li
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The states have different corporate values and therefore will pass different laws to treat limited liability companies based on these values. These laws and statutes will therefore by extension, vary just as the values vary.

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