Algoma, Inc., signs a five-year lease for office equipment with Office Solutions. The present value of the lease payments is $\$15,499$. Prepare the journal entry that Algoma records at the inception of this finance lease.

Ms. Calcutta, the owner of a business park, is adding a recycling station for every three office buildings. To make it easier for the tenants, she is going to use the circumcenter of the three office buildings to determine the placement of the recycling stations. By doing this, it will be easier to get to the station, because it will be equidistant from the three office buildings. Part A: Justify the rationale behind Ms. Calcutta's decision to use the circumcenter. Part B: There is a garbage dumpster located exactly at the midpoint of each pair of office buildings. Suppose there are sidewalks connecting each office building to each other and to each recycling station. What is the relationship between the building-to-building sidewalk and the station-to-dumpster sidewalk?

(a) Why did the government try to prevent Microsoft from including its browser when it sold its operating system? (b) What was the government's final decision? (c) Do you think the government achieved its goals? Why or why not?

When Microsoft was founded, the company devoted very few resources to lobbying activities. After a high-profile antitrust case against it, however, the company began to lobby heavily. Why does it make financial sense for companies to invest in lobbyists?

When Microsoft was founded, the company devoted very few resources to lobbying activities. After a high-profile antitrust case against it, however, the company began to lobby heavily. Why does it make financial sense for companies to invest in lobbyists?

A simple telephone system consists of two end offices and a single toll office to which each end office is connected by a 1-MHz full-duplex trunk. The average telephone is used to make four calls per 8-hour workday. The mean call duration is 6 min. Ten percent of the calls are long distance (i.e., pass through the toll office). What is the maximum number of telephones an end office can support? (Assume 4 kHz per circuit.) Explain why a telephone company may decide to support a lesser number of telephones than this maximum number at the end office.

"Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $\$30,000$ and has cash on hand of $\$20,000$ contributed by Lanni’s owners. For each of the following transactions, identify the real and/or financial assets that trade hands. Are any financial assets created or destroyed in the transaction?

a. Lanni takes out a bank loan. It receives $\$50,000$ in cash and signs a note promising to pay back the loan over three years.

b. Lanni uses the cash from the bank plus $\$20,000$ of its own funds to finance the development of new financial planning software.

c. Lanni sells the software product to Microsoft, which will market it to the public under the Microsoft name. Lanni accepts payment in the form of 5,000 shares of Microsoft stock.

d. Lanni sells the shares of stock for $\$25$ per share and uses part of the proceeds to pay off the bank loan."

Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth 30,000 dollars and has cash on hand of 20,000 dollars contributed by Lanni's owners. For each of the following transactions, identify the real and/or financial assets that trade hands. Are any financial assets created or destroyed in the transaction?

a. Lanni takes out a bank loan. It receives 50,000 dollars in cash and signs a note promising to pay back the loan over three years.

b. Lanni uses the cash from the bank plus 20,000 dollars of its own funds to finance the development of new financial planning software.

c. Lanni sells the software product to Microsoft, which will market it to the public under the Microsoft name. Lanni accepts payment in the form of 1,500 shares of Microsoft stock.

d. Lanni sells the shares of stock for 80 dollars per share and uses part of the proceeds to pay off the bank loan.

The production supervisor at Alexandra's Office Products finds that it takes $3$ hours to manufacture a particular office chair and $6$ hours to manufacture an office desk. A total of $1200$ hours is available to produce office chairs and desks of this style. The linear equation that models this situation is $3 x+6 y=1200$, where $x$ represents the number of chairs produced and y the number of desks manufactured. Use this information for the following exercise.

Complete the ordered pair solution $(\quad, 0)$ of this equation. Describe the manufacturing situation that corresponds to this solution.

According to a survey by Olsten Staffing Services, the percentage of companies reporting usage of Microsoft Word t years since 1984 is given by $P(t)=\frac{99.744}{1+3.014 e^{-0.799 t}}$ Use a graphing utility to graph P = P(t).

Management A company employs $65$ people. Eight of the $30$ men and $21$ of the $35$ women work in the business office. What is the probability that an employee picked at random is a woman or works in the business office?

What is promised by the President when the oath of office is taken?

Mr. and Mrs. Flores commute to work each morning. Mr. Flores drives 8 miles east to his office. Mrs. Flores drives 15 miles south to her office

Algoma, Inc., signs a five-year lease for office equipment with Office Solutions. The present value of the lease payments is $15,499. Prepare the journal entry that Algoma records at the inception of this capital lease.