Starbucks, a coffee company, entered into a contract with DFW Airport to lease space near boarding areas for a sales kiosk. The contract is for a three-year period and will permit Starbucks to sell its coffee and food products to airport travelers. The contract specifies that Starbucks will be allocated 400 square feet of prime space for its kiosk near active boarding areas. The space will be selected by DFW Airport and the airport has the right to change the location of the space during the period of use. Starbucks has no objection to a change in the kiosk location due to the fact that any location selected by the airport must be near active boarding areas and the cost of moving the kiosk is minimal. At present, there are many areas in the airport that are available and that would meet the specifications for the space in the contract. Question Does this lease contract qualify as a long-term lease for accounting purposes?

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

Franklin painting company is considering whether to purchase a new spray paint machine that costs $4,800. the machine is expected to save labor, increasing net income by $720 per year. the effective life of the machine is 15 years according to the manufacturer’s estimate. required determine the unadjusted rate of return based on the average cost of the investment.

Describe how to write a main idea expressed as a bottom-line statement