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a.(1)Whoarethetwopartiestoaleasetransaction? (2)Whatarethefiveprimarytypesofleases,andwhataretheircharacteristics? (3)Howareleasesclassifiedfortaxpurposes? (4)Whateffectdoesleasinghaveonafirmsbalancesheet? (5)Whateffectdoesleasinghaveonafirmscapitalstructure?

a.(1)Whoarethetwopartiestoaleasetransaction?

(2)Whatarethefiveprimarytypesofleases,andwhataretheircharacteristics?

(3)Howareleasesclassifiedfortaxpurposes?

(4)Whateffectdoesleasinghaveonafirmsbalancesheet?

(5)Whateffectdoesleasinghaveonafirmscapitalstructure?

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