Answer:
A) the lessee records an asset and a liability for the present value of lease payments.
Explanation:
In a finance lease, the lessee business must estimate the present value of its obligations under the lease contract (using the lease's interest rate as the discount rate) and record it in the balance sheet as:
- a debit entry under the fixed asset account
- a credit entry under the capital lease liability account
Answer:
allocate her limited income among all the products she wishes to buy so that she receives the highest total utility is the correct answer.
Explanation:
Restaurants of any size are regulated by a variety of local, state and federal laws dealing with health and safety for customers and employees. A critical component of restaurant design is providing restrooms for customers and employees, and for both men and women in each category. This includes the physical facilities and signage, as well as provision for handicapped or wheelchair access. In most areas, a local health department is the key agency monitoring all regulations related to restaurant restrooms, and it should be consulted during the design phase. An inspection, including restrooms, normally is required before a restaurant can open.
Answer:
In order for Suzanne to be considered an active participant in her stores, she must work at least 31 hours more. That way, her total working hours will be above 500, and she can deduct any losses from her adjusted gross income.
If she doesn't work at least 31 hours more, these activities will be considered passive activities and can only offset passive income.
Explanation:
Answer:
b.The buyer will win since this is just a risk of doing business.
Explanation:
In a general agreement or contract between a seller and the buyer both the parties are liable to perform some duties binding the contract.
In case any of the parties fail to perform such duties then that party is liable to make good to other party which did not default.
In the given case the buyer is in good health, it was because of the seller that the goods could not be delivered, and it was because of uncontrollable circumstances.
And that the seller is still liable because ultimately the goods could not be delivered.
Thus, the buyer shall stand to win the case against the seller.
