The use of laboratory animals in research for the advancemen…

The use of laboratory animals in research for the advancement of veterinary medicine and human medicine is not always received positively. My hope is that this course will give you students an inside view of how important these animals’ roles are and how evolved the welfare and care of these animal “heroes” has become as a result of many agencies working diligently to establish regulations, principles, and policies for the care and use of laboratory animals.  This week’s discussion question is a personal one.  There is no right or wrong answer: Do you believe animals have rights?  

[The following information applies to the questions displaye…

When a lease is classified as a finance lease from the lessee’s perspective and a sales-type lease from the lessor’s perspective, (1) the lessee records a right-of-use asset and lease liability for the present value of the lease payments, and (2) the lessor records a lease receivable for the same amount and removes the asset from its books. The lessor recognizes interest revenue and the lessee recognizes interest expense at the effective rate times the outstanding balance. The lessee amortizes the right-of-use asset on a straight line basis. For an operating lease, the two components, interest and amortization, are shown as one lease expense in the income statement. Knowledge Check 01 Assume that a lessor applies the five criteria to a lease involving equipment and determines that a lease should be classified as a sales-type lease. The entry the lessor will record at the beginning of the lease will include a:

Scenario: Young adults who identify as LGBTQ often report lo…

Scenario: Young adults who identify as LGBTQ often report lower levels of family support and often live on their own in their late teens instead of in the family home. They report high levels of isolation and even harassment.  Which suggested protective factor fits best? 

If the lease begins “at or near the end” of an asset’s econo…

If the lease begins “at or near the end” of an asset’s economic life, the criterion of the lease term being for the major part of the economic life should not be applied when classifying the type of lease. This is consistent with the basic premise of this criterion that most of the risks and rewards of ownership occur prior to that time.