Benjamin's warehouse signed a six-year capital lease on january 1, 2014, with payments due every december 31. interest is calculated annually at 10%, and the present value of the minimum lease payments is $13,065.

How has the steam engine changed over time?

A and B have agreed that A will befriend C in order to make C popular in exchange for B's payment of $500 to A. Is this a valid contract? Yes No

Alvez reports net income of $355,000 for the year ended december 31. it also reports $119,700 depreciation expense and a $13,000 loss on the sale of equipment.

Malbasa Tax Services prepares tax returns for senior citizens. The standard in terms of (direct labor) time spent on each return is 4 hours. The direct labor standard wage rate at the firm is $ 16.50 per hour.

Compute cost of goods sold using the following information: Finished goods inventory, beginning $ 540 Cost of goods manufactured 4,400 Finished goods inventory, ending 950

Upward communication among organizational members at the same level can facilitate task coordination, provide means of sharing information, provide formal channel of communication for problem solving, and facilitate mutual support for staff involved.

Last year, a women's professional organization made two small-business loans totaling $23,000 to young women beginning their own businesses. The money was lent at 9% and 11% simple interest rates.

When Crossett Corporation was organized in January 2018, it immediately issued 4,000 shares of $50 par, 6 percent, cumulative preferred stock and 50,000 shares of $20 par common stock.

If the market is in equilibrium, then an option must sell at a price that is exactly equal to the difference between the stock's current price and the option's strike price. a. True b. False

You are considering buying a share of stock in XYZ Corporation. At the end of years 1, 2, and 3 the stock will pay you a dividend of $15. In addition, at the end of the third year you expect to sell the share of stock for $100.