What is microeconomics?
What will be an ideal response?
Answer: Microeconomics is focused on the behavior and operations of individual economic units such as particular groups of people, businesses, organizations, and markets.
Explanation: This is contrasted with macroeconomics, which studies the economy as a whole, focusing on large economic units.
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Linux is:
A) primarily concerned with the tasks of end users. B) designed for specific machines and specific microprocessors. C) an example of open-source software. D) especially useful for processing numeric data. E) the operating system for the Macintosh computer.
Exhibit 20-4 On January 1, 2016, Average Leasing Company entered into a direct financing lease with a lessee, Lenny Company. The lease agreement calls for five equal annual payments of $75,000 at the beginning of each year with the first payment due on January 1, 2016. The leased property has an estimated residual value of $10,000, which Lenny does not guarantee. The property remains the property
of Average at the end of the lease term. Average desires a 12% rate of return. Present value factors for a 12% interest rate are as follows: Present value of $1 for n = 1 0.892857 Present value of $1 for n = 5 0.567427 Present value of an ordinary annuity for n = 5 3.604776 Present value of an annuity due for n = 5 4.037349 ? Refer to Exhibit 20-4. Given the structure of the lease, the payments, and the residual value information, what is General's net investment in the lease during 2017 (round the answer to the nearest dollar)? A) $248,475 B) $158,475 C) $186,492 D) $264,137