A lessor is a party who acquires a right to the possession and use of goods under a lease.â

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Answer 1

The answer is false, it must be a lessee. A lessor is a proprietor or the title holder of the leased asset or property. The lessor is also the creditor and secured party in case of capital leases and operating leases. While a lessee is a person who has a contract that allows the use of a car, house or etc., for a period of time in exchange for a payment.


Related Questions

Feedback given by the job is more effective than formal appraisals from their boss
a. True
b. False

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The answer to your question is; B. False
That is true! Feedback given by the job is more effective than formal appraisal from your boss, because their are no surprises about your rating at your job and everything is planned out; on estimated evaluation & rating.

Difference between informal & formal appraisal

Informal appraisal- your boss evaluates, open feedback while getting coffee, or during work. (Early feedback is more effective then surprised work results)
advantage- knowing your weakness and improving on job, beforehand evaluation, efficiency

Formal appraisal- surprised work evaluation of the job- disadvantage- not knowing your results, weakness on job, inefficiency.

Hope this helps :)

Jed's weekly budget for lunch is $24. he eats only pizza and burgers. each pizza costs $6 and each burger costs $3. jed knows that 2 pizzas and 4 burgers will give him a utility of 8. at his utility-maximizing point, jed's utility is:

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At the utility-maximizing point the utility is 8. Jed only has $24. By buying 2 pizzas, he spends $12 and $12 more by buying 4 burgers. That combination exhausts the weekly budget and yields a utility of 8 that's obtained by combining the foods that bring about the maximum level of utility within the available budget.

Dybala corporation produces and sells a single product. data concerning that product appear below: the company is currently selling 5,000 units per month. fixed expenses are $173,000 per month. the marketing manager believes that an $6,000 increase in the monthly advertising budget would result in a 170 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change

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The given problem lacks the data about the price of the single product. However assuming that the selling price is similarly $44 which I got from other references, then we can now calculate for the net change of the monthly operating income.

 

So to solve for the change, we use the formula:

Change in net operating income = Increase in units * Selling price – Increase in advertising budget

Change in net operating income = 170* $44 – $6,000

Change in net operating income = $1,480

 

Since the change is positive, then it is a good decision to increase the monthly advertising budget by $6,000.

American express established a consulting program that sent expert teams of employees into nonprofits to solve organizational problems. this can be considered an example of

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The answer is skill-based volunteering or volunteerism. It is a tactical type of volunteerism that allows professionals to make use of their skills to impact nonprofits to help make stronger their operation and services. Also it fosters cross-departmental cooperation and has been proven to improve a company’s performance.

The answer is "skill-based volunteering".


Skills-based volunteering implies utilizing the particular aptitudes and gifts of people to fortify the framework of charities, helping them assemble and support their ability to effectively accomplish their missions. The following are connections to articles that examine aptitudes based volunteering in more detail, and give instances of corporate SBV programs and their advantages for charitable associations, volunteers and organizations.  


Notable public health trends and issues do not include addressing one of the biggest public health challenges: hiv/aids because it is largely under control.

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Definitely, the answer to this question is FALSE. It is not true that HIV or AIDS is not one of the biggest public health concern because it is under control. In fact, it is the opposite. The more the society becomes more modernized, the more people are now being infected with the HIV/AIDS virus and what's worse is that, the victims are getting younger and younger. This public health concern is difficult to control because it is mostly asymptomatic and can be transmitted through sexual intercourse.

The cost of hardware, software, and telecommunications services needed to build a web site have ________ over the last decade.

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The answer that completes the statement above is DECREASED DRASTICALLY. There has been an extreme decrease of the cost of the software, hardware, and telecommunications services that are required in order to create a Website because of the high availability of different kinds of softwares, and hardwares. The supply of these services is also increased over the last decade making its cost experience a substantial decrease.

If you were to invest $120 for two years, while earning 8% simple interest, what is the total amount of interest that you will earn?

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19.2
P=$120
I=8%
T=2yr

Which type of fall is responsible for the highest percentage of overall deaths in construction

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The answer to this is roofs. Hopes it helps

Answer:

The correct answer is:  Fall from roofs.

Explanation:

According to the U.S. Bureau of Labor Statistics, falls from roofs represented 76% of fatalities in the construction industry in the year 2013. The study concludes that workers in the roofing industry are more prone to have more work-related injuries than in any other type of worker in the construction field.

What do we learn from the data in case exhibit 2? does the data provide additional valuable information? why or why not?

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Tesla's non-Gaap medications prohibit non-money things as stock based remuneration, this incorporates the adjustment in reasonable esteem identified with teslas warrant risk, and non-money cost identified with teslas 1.5% convertible senior notes, and one-time costs related with the early reimbursement of the 2010 advance Tesla got from the division of vitality.

A decrease in labor's productivity will cause the economy's sras curve to shift __________ and the price level to __________.

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The SRAS curve captures the supply-side of the aggregate market. It represents graphically the short-run relation between real production and the price level.
A decrease in labor's productivity will cause the economy's SRAS curve to shift rightwar and the price level to decrease. Because labor productivity is the measure of economic growth this means that the bigger the labor  productivity  the greater the GDP. And greater GDP means shifting the SRAS curve to the right .
Final answer:

Decreased productivity causes the SRAS curve to shift left, leading to an increase in the overall price level, as fewer goods and services are produced.

Explanation:

A decrease in labor's productivity will cause the economy's short run aggregate supply (SRAS) curve to shift left, indicating a reduction in the total quantity of goods and services firms are willing to produce at different price levels. Likewise, this shift in the SRAS curve will cause the overall price level to increase. In other words, goods and services will become more expensive because fewer of them are being produced, characterized by the leftward shift of the SRAS curve.

Learn more about SRAS Curve Shift here:

https://brainly.com/question/31971412

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What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share?

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The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:

Dividend = (Face Value) * (Interest rate)

Dividend = $50 per share * 0.08

Dividend = $4 per share                                (ANSWER)

At rue's hunting emporium, a retail store, equipment required for hunting is sold. when a new or revised equipment is introduced, it advertises those products steadily throughout a planned period of time. this is an example of a _____

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The answer to this question is the "CONTINUOUS MEDIA SCHEDULE". During Rue's Hunting Emporium, a specific retail store, an equipment required and necessary are being introduced, it advertises those products steadily throughout a planned period of time. This is exactly an example of continuous media schedule. This happened during the advertising year and it is a combination of continuous scheduling and fighting skills. 

A foreign company whose sales will not affect markson's market offers to buy 2,000 units at $15.35 per unit. in addition to variable manufacturing costs, selling these units would increase fixed overhead by $1,690 for the purchase of special tools. if markson accepts this additional business, its profits will:

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Final answer:

The business decision involves incremental analysis to determine the effect on Markson's profits when an offer to buy 2,000 units at $15.35 each is made by a foreign company, considering variable manufacturing costs and additional fixed overhead.

Explanation:

The subject in question is business, specifically the area of managerial accounting that deals with decision making and incremental analysis. A foreign company offers to buy 2,000 units from Markson at $15.35 per unit. The variable manufacturing costs and the additional fixed overhead expenses for special tools amount to $1,690. To determine how Markson's profits will be affected by this additional business, one must calculate the total additional revenue and compare it with the total additional costs (variable and additional fixed costs).

Suppose the total variable cost per unit is X. Then, the additional revenue generated by this offer would be 2,000 units multiplied by $15.35, and the total additional costs would be the sum of (2,000 units multiplied by X) and the $1,690 for the special tools. The difference between the additional revenue and additional costs represents the change in profit due to the sale.

Calculate the future value of an investment of $2300, after 7 months, earning 6.6% apr, compounded monthly, by compounding manually. g

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Not imaginable. If you were with me to protect me. And not let this guy be in my life. He's a strange one. I don't want to hear about him ever. I want to hear about Gerd but then he's got his own life too. You weren't there to take care of me all the time but I'm sure you cried every time of all my mistakes.

Axis corporation's division a has average operating assets of $500,000 and the division earned $100,000 as net operating income during a period. the company expects a minimum required rate of return of 15% on its investments. what is the residual income for division a?

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Residual income is named as such because it is the net income that you obtain. This includes all your total sales subtracted with bill payments, personal debts and other variable costs. Its formula is

Residual income = Net Operating Income - (Minimum Required Return * Average Operating Assets)

Substituting the values to the equation.

Residual Income = $100,000  - (0.15 × $500,000)
Residual Income = $25,000

The residual income gives the company an idea on its success and influences the company's decision to close or to expand. If the residual income is positive, then it means the company is earning more than its minimum. If the residual income is negative, then the company has a deficit.

The amount of profit that a company forgoes when it decides to drop a particular product line in favor of another one

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The amount of profit that a company forgoes when it decides to drop a particular product line in favor of another one, this describes the opportunity cost.

Opportunity cost is defined as the benefit you could receive, but you chose another action. For example if you have $1000 and you have two choices, either to buy shares from x company or invest in another y company. If x company will give you 10% and y will give you 5% and you chose the x company for your benefit but however x company returns only 2% when you could have had 5% from the y company. So your opportunity cost is 5% - 2% = 3%

Harris corporation produces a single product. last year, harris manufactured 27,970 units and sold 22,200 units. production costs for the year were as follows: fixed manufacturing overhead $335,640 variable manufacturing overhead $240,542 direct labor $131,459 direct materials $234,948 sales were $1,043,400, for the year, variable selling and administrative expenses were $113,220, and fixed selling and administrative expenses were $198,587. there was no beginning inventory. assume that direct labor is a variable cost. the contribution margin per unit would be: (do not round intermediate calculations.) $21.30 per unit $20.20 per unit $25.30 per unit $15.70 per unit

Answers

The Contribution Margin per unit (CM) can be calculated from the difference of Selling Price per unit (SP) and Total Expenses per unit (TE).

 

First, let’s calculate the value of SP:

SP = Sales / Units sold

SP = $1,043,400 / 22,200 units sold

SP = $47

 

Second, calculate all expenses:

Direct materials per unit = $234,948 / 27,970 units manufactured = $8.4

Direct labor per unit = $131,459 / 27,970 units manufactured = $4.7

Variable manufacturing overhead per unit = $240,542 / 27,970 units manufactured = $8.6

Variable selling expenses per unit = $113,220 / 22,200 units sold = $5.1

TE = $26.8

 

Therefore the CM is:

CM = SP – TE

CM = $47 - $26.8

CM = $20.2 per unit

Qs 22-2 allocating costs to departments lo p1 mervon company has two operating departments: mixing and bottling. mixing has 300 employees and occupies 22,000 square feet. bottling has 200 employees and occupies 18,000 square feet. indirect factory costs for the current period follow: administrative, $160,000; and maintenance, $200,000. administrative costs are allocated to operating departments based on the number of workers. determine the administrative costs allocated to each operating department.

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The total administrative costs for Mervon company are $160,000. There are a total of 500 workers between the bottling and mixing operations. The mixing operations have 300 employees and the bottling have 200 employees. Since the administrative costs are allocated to the two departments based on the number of workers, then, 200/500=0.4 x $160,000= $64,000 to the bottling operation and 300/500= $96,000 to the mixing operations for a total of the $160,000. 

Pharrell, inc., has sales of $593,000, costs of $265,000, depreciation expense of $67,000, interest expense of $34,000, and a tax rate of 35 percent. the firm paid out $40,000 in cash dividends. what is the addition to retained earnings? (do not round intermediate calculations and round your answer to the nearest whole number,
e.g., 32.)

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The income statement begins with revenues and subtracts costs to arrive at Earnings before Interest and Taxes (EBIT).

We then subtract out interest to get taxable income, and then subtract taxes to arrive at net income. Doing so, we get:

Income statement

Sales $593000

Costs (265000)

Depreciation (67000)

--------------------------

EBIT $261000

Interest (34000)

--------------------------

Taxable income $227000

Taxes (35%) (79450)

--------------------------

Net income $147550

The dividends paid plus the addition to retained earnings must equal net income, so:

Net income = Dividends + Addition to retained earnings

$147550 = $40,000 + Addition to retained earnings

Addition to retained earnings = $147550– 40,000

Addition to retained earnings = $107550

In an essay of at least two well-developed paragraphs, explain how making regular deposits in a savings account or buying shares of stock or bonds makes an impact on our economy.

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When you deposit your money to the bank, you are giving the bank the cash that they need to lend to borrowers or the cash they can invest in other form of investment like bonds and stocks. 

The banks will earn interest from these loans and investments while the depositor will earn from the interest that the bank will pay you.

Money deposited in the bank that is loaned to other people will most likely be used to put up businesses or expand businesses. With the increase of businesses in the community, a lot of people will be hired and their salaries and wages will be used to augment their basic needs. Needs that they will buy from their local stores. Thus, continuing the cycle of the economy.  


Anthony and cathy jones have been married for twenty-seven years. they have always had a joint bank account, discuss big expenditures before making them, and share household duties. this jones family is an example of a/an ________ family.

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The answer to this question is "EGALITARIAN". Such as when Anthony and Cathy Jones have been married for twenty-seven years already. They have always had a joint bank account, they have also discussed big expenditures before making and implementing them and the share household duties have been cleared to both. This Jones family is an example of an EGALITARIAN family.

Cathy uses, on her new recording drive by, the melody of a song written by earl, without earl's permission. this is

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This is copyright infringement.

Alexander was being interviewed for the position of an entry-level financial analyst at a well-known asset management company. alexander was asked questions about the current state of the u.s. stock market, the current net worth of certain financial firms, and concepts such as ipo, mergers, and leverage from a set of pre-determined questions that the interviewer had prepared. this is an example of a(n) _____.

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The answer to this question is an example of a structured interview. A structured interview is also known as a standardized interview. This is an interview where in the interviewee interviews applicants using the same questions giving it in an exact order.  In a structured interview, the employer is focused on finding the candidates skills that matched the criteria of the employer. Also in the structured interview most questions are based on how the candidate can deal with a situational question and most questions are behavioral questions. 

Deviation from the required performance pertaining to a contract is said to be material when the deviation does not result in a substantial change in value of the contract.

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The statement above is FALSE. Deviation from the required performance pertaining to a contact is said to be NON-MATERIAL when the deviation does not result in a substantial change in the value of the contract while the deviation is considered material when it results in substantial change in the value of the contract. The innocent party is entitled to collection of damages. 

Unverferth manufacturing has been a manufacturer and supplier of innovative agricultural equipment since 1948. recently it began developing a new 12-row subsoiler, which prepares 10-inch-wide seed beds spaced 40 inches apart. before introducing the new tiller to the market, unverferth developed and tested nearly three dozen product prototypes. unverferth used ____ to produce the best possible tiller before introducing it to the market.

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in this case, unverferth used Experimental approach to produce the best possible tiller before introducing it to the market.
Experimental approach is often used to introduce new products that the company hasn't believed in yet. From this approach, the company could see how the potential customers react to the product and make their decision based on that outcome

Cosmos company on july 15 sells merchandise on account to cajon co. for $6,000, terms 2/10, n/30. on july 20 cajon co. returns merchandise worth $1,000 to cosmos company. on july 24 payment is received from cajon co. for the balance due. what is the amount of cash received?

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On July 15, there is pending 6000 on the cash account.

Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.

Afterwards, on July 24, Cajon paid for the merchandise. Since the credit terms is 2/10, 2 percent discount will be given if they paid within 10 days. So 5000 multiplied by . 02 = 100. 5000 - 100 = $4900 is the amount of cash received.

The amount of cash received from Cajon Co. is $4,720 after considering the sales transaction, return, and discount terms.

The amount of cash received from Cajon Co. is $4,720.

To calculate this, first, we determine the net amount after the return by deducting the return amount ($1,000) from the original purchase amount ($6,000), which equals $5,000. Then we apply the discount terms 2/10, which means a 2% discount if paid within 10 days. Therefore, 2% of $5,000 is $100, making the balance due after the discount $4,900. Since the payment is received on July 24, within the discount period, the cash received would be $4,900.

Which of the following is NOT a workplace right? Overtime pay for hourly workers who work more than 40 hours in one week equal pay for two people doing the same job with the same set of skills 12 weeks of paid leave for the birth of a child or illness children under 18 cannot work in hazardous conditions

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Not a work place right "Overtime pay for hourly workers who work more than 40 hours in one week equal pay for two people doing the same job with the same set of skills

Internal controls are required to safeguard assets and to ensure ethical business practices. (1) identify and explain the reason for any two of the seven internal control procedures and (2) provide examples of how your two selected internal control procedures will meet the goal of safeguarding assets and promoting ethical business practices.

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Out of the 7 internal controls, I would focus on only two: the preventive controls and the detective controls.

Preventive Controls

The main concept of preventive control is the compartmentalization of job responsibilities and check-and-balance. Accounting transactions such as processing inventory, approving refunds, writing and signing of checks, initiating money transactions, paying fixed and variable costs and the like. Each of these things are done by different departments. That is why interdepartmental cooperation is important. This is done so that any possible theft and mishandling of confidential information may be minimized because they do not know all the in's and out's of the company's accounts.

Detective controls

These controls are done to identify existing problems. Most of these controls involve audits, reviewing of inventory and transactions and reconciliation of bank and cash accounts. All of these are records that are kept for end-of-the-month report cases or when problems arise and they need to trace its origin. In this way, even in the rare cases that money has been breached, the detective controls can pinpoint the culprit.

Beatrix is planning a research study for her doctoral dissertation. as part of the study, she wants to measure normal aspects of personality in each of the participants, using a measure that is objective and precise. the best measure for beatrix to use would be the

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The answer to this question is the term NEO Personality Inventory. The NEO Personality Inventory is a personality inventory where in it measures and assess the big five personality traits. The big five personality traits are extraversion, agreeableness, openness, conscientiousness, and neuroticism.

At the beginning of january of the current year, little mikey's catering ledger reflected a normal balance of $53,000 for accounts receivable. during january, the company collected $15,000 from customers on account and provided additional services to customers on account totaling $12,600. additionally, during january one customer paid mikey $5,100 for services to be provided in the future. at the end of january, the balance in the accounts receivable account should be:

Answers

The ending balance in the accounts receivable account at the end of January is $80,500.

To calculate the ending balance in the accounts receivable account at the end of January, we need to consider the transactions that occurred during the month:

1. Beginning balance of accounts receivable: $53,000

2. Collections from customers on account: $15,000

3. Additional services provided to customers on account: $12,600

4. Payment from a customer for future services: $5,100

We can calculate the ending balance by summing up all the transactions:

Beginning balance + Collections - Payments + Additional services

= $53,000 + $15,000 - $5,100 + $12,600

= $53,000 + $15,000 + $12,600 - $5,100

= $80,500

Therefore, the ending balance in the accounts receivable account at the end of January is $80,500.

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