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19.One legitimate advantage to leasing is that: A.Leasing provides 100% financing. B.Leasing provides a source of off-balance sheet financing. C.By leasing, the lessee's income statement
19.One legitimate advantage to leasing is that:
A.Leasing provides 100% financing.
B.Leasing provides a source of off-balance sheet financing.
C.By leasing, the lessee's income statement will be stronger.
D.Taxes may be reduced by leasing.
E.Unlike borrowing and purchase, leasing decreases a firm's financial leverage.
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