Use the Table for the Question(s)below

question 11

Essay

Use the table for the question(s)below.
Luther Industries currently has the following balance sheet (in thousands of dollars): Luther is about to add a new fleet of delivery trucks.The price of the fleet is $1.5 million.
-What will Luther's balance sheet look like if they acquire the new fleet of delivery trucks using a capital lease?

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Definitions:

Positivist Sociologists

Researchers who apply the scientific method and empirical evidence to study and understand social behaviors and structures.

Mainstream Identities

Social identities that are widely recognized, accepted, and integrated into the dominant culture of a society.

Deviant

Behaving or straying away from the accepted standards, norms, or behaviors of a society or group.

Positivist Perspective

A theoretical approach in sociology that emphasizes the use of scientific methods to study and understand society.