At the beginning of its fiscal year, lakeside inc. leased office space to ltt corporation under a seven-year operating lease agreement. the contract calls for quarterly rent payments of $25,000 each. the office building was acquired by lakeside at a cost of $2 million and was expected to have a useful life of 25 years with no residual value. what will be the effect of the lease on lakeside’s earnings for the first year (ignore taxes)?

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101