Lessors classify and account for all leases that don't qualify as sales-type leases as operating leases.

a. true
b. false

Answer: b. false

Business

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A firm issues the convertible debt shown above. The price of stock in this company on July 1, 2008 is $15.14. What is the minimum call price that would make a bondholder prefer to accept the call rather than convert?

Coupon 0% Conversion Ratio: 70 shares per $1,000 principal amount Call Date: July 1, 2008 Maturity: July 1, 2015 A) par plus 3.29% B) par plus 3.89% C) par plus 4.49% D) par plus 5.98%

Business

The plan phase of a SDLC involves designing new system models to satisfy user requirements, either by creating a new model or by modifying existing models

Indicate whether this statement is true or false.

Business