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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.they are generally

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.they are generally manufacturers or retail stores.

C. their objective is to earn interest income on the financing arrangement with the lessee.

D.such leases are frequently operating leases.

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