The following information pertains to a sale and leaseback of equipment by mega co. on december 31, year 1: sales price $400,000 carrying amount 300,000 monthly lease payments 3,250 present value of lease payments 36,900 the estimated remaining life of the asset is 25 years and the lease term is 1 year. mega uses ifrs. the sales price is equal to the fair value of the leaseback asset. what amount of deferred gain on the sale should mega report at december 31, year 1

Consider the following ethical argument. which of the three statements represents the moral statement about a moral principle? statement 1: a dealership advertised a car at a very low price, but only had a similar higher priced model in stock. statement 2: it is wrong to perform a bait and switch. statement 3: the dealership was wrong to advertise the car on special sale when in actually it was not available.

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

Which of the following are considered needs? check all that apply