Answer all parts below. Required: Provide reasons why a business may decide to: (a) Lease rather than
Question:
Answer all parts below.
Required:
Provide reasons why a business may decide to:
(a) Lease rather than buy an asset which is to be held for long-term use.
(b) Use retained profit to finance growth rather than issue new shares.
(c) Repay long-term loan capital earlier than the specified repayment date.
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