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Please make an example of your own and answer below Consider accounting capital assets/lease or buy decisions. Estimate a company looking to either purchase or
Please make an example of your own and answer below
Consider accounting capital assets/lease or buy decisions. Estimate a company looking to either purchase or lease a $30k truck. Provide a spreadsheet to estimate depreciation and other costs to determine if the company should purchase or lease the truck. Assume that the company will need a truck for 8 years. Assume a lease is a 4-year agreement. What circumstances would benefit leasing over purchasing?
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