Sheridan company leases a machine from vollmer corp. under an agreement which meets the criteria to be a finance lease for sheridan. the 6-year lease requires payment of $175000 at the beginning of each year, including $25500 per year for maintenance, insurance, and taxes. the incremental borrowing rate for the lessee is 10%; the lessor’s implicit rate is 8% and is known by the lessee. the present value of an annuity due of 1 for six years at 10% is 4.79079. the present value of an annuity due of 1 for six years at 8% is 4.99271. sheridan should record the leased asset at:

answer; /// i believe the correct answer is first in, first out(fifo); //

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answer; ///blank(1) longer; blank(2); lessi believe this is correct, plz check first; good luck';