Each of the three independent situations below describes a finance lease in which annual lease payments are payable atthe beginning of each year. The lessee is aware of the lessor‘s implicit rate of return. A1 2 3lemhull Mus) IO 20 ILam's m ofmn (lawn by lessee) I 1% 9% 12%Lama's ham borrowing m 12% 10% 10%Fir who of Ions. asset 3900.000 3900.000 8105.000Required:For each situation, determine:a. The amount of the annual lease payments as calculated by the lessor. b. The amount the lessee would record as a right-of-use asset and a lease liability.

if you do not file your taxes you will not have a job, and you credit rate will go down.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

the answerr would be 1