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NeX [460]
3 years ago
11

Polo Publishers purchased a multi-color offset press with terms of $50,000 to be paid at the date of purchase, and a noninterest

-bearing note requiring payment of $20,000 at the end of each year for five years. The interest rate implicit in the purchase contract is 11%. Polo would record the asset at
Business
1 answer:
Mrac [35]3 years ago
5 0

Answer:

Operating lease

Explanation:

Operating lease is a lease/contract where Lessor (original owner), give permission to the Lesse, to use of an asset for a particular period without any change right to ownership.

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A physical inventory of Liverpool Company taken at December 31 reveals the following.
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The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

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8 0
3 years ago
Nouveaux Co. was incorporated at the beginning of this calendar year. Its articles of incorporation authorize 500,000 shares of
neonofarm [45]

Answer:

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Explanation:

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In an auction, potential buyers compete for a good by submitting bids. Adam Galinsky, a social psychologist at Northwestern Univ
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3 years ago
Is 0.73 greater than 0.75
alex41 [277]
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Once a company has decided to enter the global marketplace, it must select a means of market entry. One of the four general opti
Sholpan [36]

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joint venture is the correct answer.

Explanation:

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