Answer all parts of this question. Required: Provide reasons why a business may decide to: (a) L

Question:

Answer all parts of this question.

Required:

Provide reasons why a business may decide to:

(a) L ease rather than buy an asset which is to be held for long-term use.

(b) U se retained earning to finance growth rather than issue new shares.

(c) R epay long-term loan capital earlier than the specified repayment date.

AppendixLO1

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Accounting An Introduction

ISBN: 9780273771838

6th Edition

Authors: Atrill Peter, Eddie McLaney

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