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La Salle Inc. sells medical equipment and uses the proceeds to improve its financial position. La Salle Industries then leased the equipment back in order
La Salle Inc. sells medical equipment and uses the proceeds to improve its financial position. La Salle Industries then leased the equipment back in order to continue to use these facilities. This is an example of: . an operating lease. O b. a short-term lease. O c. a sale and lease-back. O d. a fully amortized lease. O e. none of the above
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