Question
In the 90% test, which of the following needs to be capitalized when comparing with the 90% fair value of the leased property? guaranteed residual
In the 90% test, which of the following needs to be capitalized when comparing with the 90% fair value of the leased property?
guaranteed residual value
guaranteed residual value in excess of expected residual value
Bargain purchase option
B and C
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John E Freunds Mathematical Statistics With Applications
Authors: Irwin Miller, Marylees Miller
8th Edition
978-0321807090, 032180709X, 978-0134995373
