CHAPTER 21 Accounting for Leases ANSWERS TO QUESTIONS **1. The major lessor groups in the United States are banks‚ captives‚ and independents. Captives have the point of sale advantage in finding leasing customers; that is‚ as soon as a parent receives a possible order‚ a lease financing arrangement can be developed by its leasing subsidiary. Furthermore‚ the captive (lessor) has the product knowledge which gives it an advantage when financing the parents’ product. The current trend is for captives
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What woud you do in life if money was not an objective! If money was not an objective I would love to travel the word. These days what we want to do in life is largely dictated by how much we would earn? Because in the end money does matter. But for this case‚ as money is not an issue I would really like to pursue my passion i.e travelling. Travelling is an appealing experience. It’s an ideal way to leave your current life behind to pursue a more relaxing or adventurous break‚ or to live
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What is the difference between leasehold and freehold tenures? In leasehold tenures‚ the transfer of property requires the State or its equivalent to approve. For permanent title‚ there are few restrictions on the transfer of property. Unlimited rights segmentation and integration are controlled by urban planning. When state land is disposed of by the state authority to an individuals in perpetuity for an indefinite period‚ lease lengths vary and most common are 99‚ 125‚ 500 and 999 years. It is
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Paying College Athletes Money is everything in today’s society. We buy our food with money. We buy our clothes with money. We buy everything with money and people are constantly demanding for more‚ but what about those without a job? What about students in college who have to focus on their education and can’t get a job to make money? What about the student athletes that play sports for the school; bringing in millions of dollars of revenue every year? They get paid nothing while their coaches
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is exactly what happens with Jane. Instead of being helped‚ she was shut up in a room to hopefully get better. John most likely means well‚ but ends up becoming a jailer. John as a jailer might seem quite harsh‚ after all‚ he is doing what he thinks will make Jane better. Although John may believe this will make Jane better‚ he has failed to evaluate or view as a husband what she is really going through. Since he has not done this he is only acting on what he thinks will make Jane better‚ and as we’ve
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is forbidden to pay these athletes for their performance yet at the same time they clearly are talented enough to have a profitable market. If you were to ask me a few months ago if college athletes were deserving of salary‚ I would simply answer no because it was all I knew. It is clear to me now that these athletes are well deserving of some kind of income. College athletes should be paid for the fact alone that they deserve it for their hard work. Another reason they should be paid is due to
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Why do people support space exploration Marc A. Thompson Ashford University English Composition II ENG 122 Rosalinda Ortiz October 15‚ 2014 Why do people support space exploration Why do people support space exploration. Man has to look to the stars‚ to find new resources that he needs to build new society’s on other Worlds. The expansion of the human race is paramount for man’s survival. Why do people support the exploration of space. First‚ we need to go over a little bit of history of space
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Meteorologists are very involved in the world today. You might see them on T.V or hear their voice on the radio. Wherever they are they help you in many ways. The word "meteorology" refers to the Greek word meteoron. Meteoron refers to an astronomical phenomenon. The science of meteorology was eventually referred to the study of the atmosphere. Meteorology is the study of the atmosphere. Meteorologists‚ also known as atmospheric scientists‚ study the atmosphere’s physical characteristics‚ motions
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The Differences and Similarities of “Say All I Need” and “Two is Better Than One” I think all of us have favorite songs‚ and I guess all kinds of songs have differences and similarities. I have many favorite songs‚ especially romantic songs. The first song is “Say All I Need” and the second song is “Two is Better Than One”. I choose the two songs because the word choice is easily understood and I can enjoy the music. So‚ do you know about the two songs? And who is the singer? I suppose you know
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Operating Vs Finance Leases Organization does normally decide to lease long-term assets instead of buying them. The choice to lease is mostly because of evident factors such as necessity‚ better financial terms‚ maintain the assets off the balance sheet‚ or the absence of available funding. Operating lease and capital lease are the two types of accounting methods for leases. Warning‚ equally‚ the two kinds of leases are used for diverse reasons and marks in opposing usage in the books of accounting
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