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Caddie Inc acquired Pink Company, which had a long-term operating lease for a warehouse.The terms of the lease were very favorable compared to current market
Caddie Inc acquired Pink Company, which had a long-term operating lease for a warehouse.The terms of the lease were very favorable compared to current market rate(s). Init's financial statements, Caddie should report the value assigned to the lease contract as:
A: An Expense
B: A part of goodwill
C: part of the warehouse asset
D: an intangible asset under the contractual-legal criterion
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