Which of the following criteria would require a lessee to classify a lease of land as a capital lease? 1. Transfer of ownership 2. Contains a bargain purchase option 3. Lease term is 75% of economic life 4. Present value of lease payments is 90% of fair value ? ?
A) any of the criteria
B) criterion 1 or 2
C) criterion 1, 2, or 3
D) criterion 1, 2, or 4
B
Business
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By looking at a statement of retained earnings, the effect of dividends on the ending balance of retained earnings can be determined
Indicate whether the statement is true or false
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My ________ are pleased with my younger ________ study habits and exceptional grades
A) parent's/brothers B) parents'/brother's C) parent/brother D) parents/brother's
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