Providing information in an advertisement is most useful in the business-to-business sector for low-involvement purchase decisions
Indicate whether the statement is true or false
FALSE
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The central idea of ________ is that all of an organization's activities communicate with its various audiences and stakeholders
A) advertising B) public relations C) marketing D) return on investment E) consumer generated marketing
Sanborn, Inc, leased equipment from Chase Supply on December 31 . 2014 . The lease term is for the 10-year period expiring December 30, 2021 . The useful life of the leased asset is 1 . years. Equal annual payments under the lease are $100,000 due on December 31 of each year. The first payment was made on December 31 . 2014 . Sanborn's incremental borrowing rate was 12% at December 31 . 2014
Chase's implicit rate for the lease is 10% and is known by Sanborn. Sanborn appropriately accounts for the lease as a capital lease. What is the balance in Sanborn's "Liability Under Lease Agreements" account at December 31 . 2015? a. $533,492 b. $545,010 c. $643,492 d. $800,000