Porter Corporation NOTE: the Following Multiple Choice Questions Require Present

question 58

Multiple Choice

Porter Corporation NOTE: The following multiple choice questions require present value information.
On January 1,2012,Porter Corporation signed a five-year noncancelable lease for certain machinery.The terms of the lease called for:
Under which of the following conditions does the equipment lease qualify for capital lease accounting?

• A) The lease does not contain a bargain purchase option.
• B) The lease term is equal to or greater than 75% of the asset's economic life.
• C) The lease term is equal to or greater than 90% of the asset's economic life.
• D) The lease does not transfer ownership to the lessee at the end of the lease term.

Understand the impact of collective decision-making processes on B2B transactions.

Analyze the role of digital tools and social networks in B2B marketing and networking.

Identify the significance and impact of unspoken guidelines within an organization's culture.

Understand the concept of attitude-behavior correspondence and its elements.

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