When a capital lease for equipment is signed, the lessee records an asset called
a. a lease obligation.
b. the present value of capital lease payments.
c. equipment.
d. an equipment leasehold.
e. the future value of capital lease payments.
D
Business
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Which of the following is true about planned economies?
a) in a planned economy, entrepreneurs have economic incentives that encourage innovation b) in a planned economy, market regulations reduce the risk of economic stagnation c) in a planned economy, individuals benefit from innovation than the state does d) in a planned economy, the state owns all means of production
Business
Which of the following is NOT a type of consumer sales promotion?
A) advertising allowance B) point-of-purchase display C) loyalty program D) trial offer E) coupon
Business