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Question 25 Not yet answered Points out of 1 Flag question This question is based on new lease rules that became effective for most public
Question 25 Not yet answered Points out of 1 Flag question This question is based on new lease rules that became effective for most public companies on January 1, 2019 The Hospital, Inc. leases certain medical equipment under both finance and operating leases. When you consider this firm's lease accounting under US GAAP, which of the following comments is true: Select one: a. The interest expense component on the operating lease liabilities will be recognized as rent expense on the income statement b. The present values of the finance and operating lease payment streams are capitalized on the balot(at each lease's inception) c. All of the listed answers d. The interest expense component on the finance lease liabilities will be recognized as interest expense or the income statement e. The lease assets associated with both the finance and operating leases are depreciated / amorized
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