Answer: C) on the balance sheet of the lessee with value equal to the present value of future lease payments.
Explanation:
According to IFRS 16 and US GAAP ASC 842 which commenced Jan 1, 2019 and Dec 15, 2018 respectively, Lease payments are to be recognized on the balance sheet of the Lessee at the present value of the future payments on the lease.
The discount rate to be used will be implicitly stated in the lease agreement if both parties were able to determine it.
C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes
Answer:
19 years
Explanation:
the 19th year your money will triple and be worth 3.0256 times the original sum.
