The Following Is an Extract from a Lease Payment Schedule

question 27

Multiple Choice

The following is an extract from a lease payment schedule for Lessee Pty Limited.What is the present value of the lease liability at 30 June 2010?

• A) 18,006.
• B) 19,355.
• C) 25,006.
• D) 23,657
• E) 20,157.

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Definitions:

Macula Densa

Cells of the distal convoluted tubule located at the renal corpuscle and forming part of the juxtaglomerular apparatus.

Collecting Duct

A network of tubules and ducts that function in the kidney to transport urine from the nephrons to the renal pelvis for excretion.

Distal Convoluted Tubule

Convoluted tubule of the nephron that extends from the ascending limb of the loop of Henle and ends in a collecting duct.

Dual Approach

In economics, a methodology or analysis technique that involves examining problems from both sides or using two complementary perspectives or sets of tools.