On January 1, 2021, Bentley Co. recorded a right-of-use asset of $135,180 in a finance lease. The lease calls for ten annual payments of $20,000 at the beginning of each year. The interest rate charged by the lessor was 10%. The balance in the right-of-use asset at December 31, 2021, will be: Multiple Choice $115,180. $121,662. $126,698.

The distinction between a normal and an inferior good is

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.