On january 1, 2017, burke corporation signed a 5-year noncancelable lease for a machine. the terms of the lease called for burke to make annual payments of $8,668 at the beginning of each year, starting january 1, 2017. the machine has an estimated useful life of 6 years and a $5,000 unguaranteed residual value. the machine reverts back to the lessor at the end of the lease term. burke uses the straight-line method of depreciation for all of its plant assets. burke's incremental borrowing rate is 10%, and the lessor's implicit rate is unknown. instructions (a) what type of lease is this?

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.