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8.15 Crosby Gloves Ltd. is considering a number of options. and forgo taking t Required: Provide reasons why Crosby might decide to: (a) Lease rather

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8.15 Crosby Gloves Ltd. is considering a number of options. and forgo taking t Required: Provide reasons why Crosby might decide to: (a) Lease rather than buy an asset that is to be held for long-term use (b) Use retained earnings to finance growth rather than issue new shares (c) Repay a long-term loan earlier than the specified repayment date. 8.16 H. Bron 8.15 Crosby Gloves Ltd. is considering a number of options. and forgo taking t Required: Provide reasons why Crosby might decide to: (a) Lease rather than buy an asset that is to be held for long-term use (b) Use retained earnings to finance growth rather than issue new shares (c) Repay a long-term loan earlier than the specified repayment date. 8.16 H. Bron

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