Answer:
the lease asset is $723,943
Explanation:
The computation of the lease asset is shown below;
= (Lease payment - per year maintenance charges) × present value of an annuity due of 1 for six years at 8%
= ($170,000 - $25,000) × 4.99271
= $145,000 × 4.99271
= $723,943
hence, the lease asset is $723,943
The same would be considered
Answer:
identity theft
Explanation:
Identity theft is the act of illegally taking another person's identity in order to maliciously use his/her credit card info or any other credentials. This is equally illegal as any other kind of theft, as it is almost the same as robbing someone real-time. This can be prevented by double authentications and secure passwords.
Answer:
b. the budget is adjusted to the actual activity for the period.
Explanation:
A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance. The report shows the difference between the actual results and the estimated numbers. Management uses the report to determine if the company's results were in line with management expectations.
The performance report is prepared at the end of a financial period. It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period. The report helps the management identify the companies strong areas, and the sections that need improvements.
Answer: Hydroelectricity is a form of hydropower and is the most widely used form of renewable energy throughout the world. ... Hydro electricity extracted from water depends not only on the volume but on the difference in height between the source and the water's outflow.
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Explanation:
People can make poor investments, fail to add to their savings, and decide to spend their money rather than saving or investing.