According to Sarbane's-Oxley act of 2002, a public corporation must change its lead auditing firm every________years

What is the impact of hypercompetition on competitive advantage?

What will be an ideal response?

Pralow, Inc, leased an asset to Bender Corporation. The cost of the asset to Pralow was $8,000 . Terms of the lease specify four-year life for the lease, an annual interest rate of 1 . percent, and four year-end rental payments. The lease qualifies as a capital lease and is classified as a direct-financing lease. The asset reverts to Pralow after the fourth year, when its residual value is

estimated to be $1,000 . The amount of each rental payment is a. $2,000. b. $2,335. c. $2,501. d. $2,602.