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Identify and describe the operational, financial, and tax objectives that motivate leasing. Please define a finance lease for the lessee. What is the criteria to

  • Identify and describe the operational, financial, and tax objectives that motivate leasing.

  • Please define a finance lease for the lessee. What is the criteria to categorize a lease as a finance lease? Which financial statements are impacted upon the determination that a lease is a finance lease?

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