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On January 1, 2018, Salalah Corporation signed a 5- year noncancelable lease for a machine, starting January 1, 2018. Salalah's incremental borrowing rate is 10%.

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On January 1, 2018, Salalah Corporation signed a 5- year noncancelable lease for a machine, starting January 1, 2018. Salalah's incremental borrowing rate is 10%. The cost of the asset Omr 343000 .The agreement requires annual rental payments Omr 64400 at the beginning of each years, stsarting Jan. 1, 2018. the present value factor is: Select one: a. 1.8775 b. 6440 c. The correct answer not available d. 34300 Next page lease 1.avi LEASE2.a w S

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