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For companies engaged in direct financing leases ( ASPE ) or finance leases ( IFRS ) , a ) their profits are derived from leasing
For companies engaged in direct financing leases ASPE or finance leases IFRS
a their profits are derived from leasing their inventory at a profit.
b their objective is to earn interest income on the financing arrangement with the lessee.
c they are generally manufacturers or retail stores.
d such leases are frequently operating leases.
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