Beacon industries disclosed the following minimum rental commitments under non-cancelable operating leases in its 2017 annual report: minimum operating lease payments amount (in millions) 2018 $ 89 2019 58 2020 42 2021 32 2022 25 total $246 what is the present value of these operating lease payments, assuming a 6% discount rate?

a. $246 million
b. $215 million
c. $ 70 million
d. $225 million
e. none of the above

The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.

How do communism and socialism differ in terms of the role that government plays in the economy ?

Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply