Robbins, inc. leased a machine from ready leasing co. the lease qualifies as a capital lease and requires 10 annual payments of $10,000 beginning immediately. the lease specifies an interest rate of 12% and a purchase option of $10,000 at the end of the tenth year, even though the machine's estimated value on that date is $20,000. robbins' incremental borrowing rate is 14%.the present value of an annuity due of $1 at: 12% for 10 years is 6.328 14% for 10 years is 5.946the present value of $1 at: 12% for 10 years is .322 14% for 10 years is .270what amount should robbins record as lease liability at the beginning of the lease term?

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; blank (1) hrm specialists,blank(2); line managers;

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