On january 1, 2005, day corp. entered into a 10-year lease agreement with ward, inc. for industrial equipment. annual lease payments of $10,000 are payable at the end of each year. day knows that the lessor expects a 10% return on the lease. day has a 12% incremental borrowing rate. the equipment is expected to have an estimated useful life of 10 years. in addition, a third party has guaranteed to pay ward a residual value of $5,000 at the end of the lease. the present value of an ordinary annuity of $1 at12% for 10 years is 5.6502 10% for 10 years is 6.1446the present value of $1 at12% for 10 years is .3220 10% for 10 years is .3855in day's october 31, 2005 balance sheet, the principal amount of the lease obligation wasa. $63,374.b. $61,446.c. $58,112.d. $56,502.

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?

Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?