Office palace, inc., leased an all-in-one printer to a new customer, ashley, on december 27, 2018. the printer was to rent for $600 per month for a period of 36 months beginning january 1, 2019. ashley was required to pay the first and last month's rent at the time the lease was signed. ashley was also required to pay a $1,500 damage deposit. office palace must recognize as income for the lease:
a. $0 in 2017, if office palace is an accrual basis taxpayer. b. $7,800 in 2018, if office palace is a cash basis taxpayer. c. $2,700 in 2017, if office palace is a cash basis taxpayer. d. $1,200 in 2017, if office palace is an accrual basis taxpayer. e. none of these.

All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.

Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?