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Content AreaIn a sales-type lease a. cost of goods sold is reduced by the amount of unguaranteed residual value. b. sales revenue ignores the present

Content AreaIn a sales-type lease a. cost of goods sold is reduced by the amount of unguaranteed residual value. b. sales revenue ignores the present value of the guaranteed residual value. c. The lease receivable includes the present value of any guaranteed residual value. d. sales revenue includes the present value of unguaranteed residual value

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