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From the lessees perspective, in the earlier years of a lease, a) finance leases will enable the lessee to report higher income, compared to operating
From the lessees perspective, in the earlier years of a lease,
a) finance leases will enable the lessee to report higher income, compared to operating leases.
b) the lessee will report the same amount of income for operating leases and finance leases.
c) operating leases will cause lease liability to increase, compared to finance leases.
d) operating leases will enable the lessee to report higher income, compared to finance leases.
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