Question
Continuing its efforts to explore the financial condition of the Gumi Candy S.A. Company, the Board of Directors has begun to explore the company's various
Continuing its efforts to explore the financial condition of the Gumi Candy S.A. Company, the Board of Directors has begun to explore the company's various investment strategies. The Board of Directors would like to understand more about the differences between acquiring fixed assets, buying or leasing them through leasing contracts. Using your text and also other professional sources of accounting information explain the following: 1. Three advantages of acquiring fixed assets with a purchase contract 2. Three advantages of leasing fixed assets - leasing contracts 3. Which of the two options do you suggest to Gumi Candy S.A. Clearly explain the arguments that support your recommendation.
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