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Question 4 2 pts Which of the following statements is FALSE? A key difference between a capital lease and an operating lease is that with
Question 4 2 pts Which of the following statements is FALSE? A key difference between a capital lease and an operating lease is that with a capital lease, the lease payments provide the lessor with a return of the funds invested in the asset plus a return on the invested funds, whereas with an operating lease the lessor depends on the residual value to realize a full return of and on the investment Leases may allow the lessee to trade in and upgrade the equipment to a newer model at certain points in the lease. Leases may contain buyout options that allow the lessee to purchase the asset before the end of the lease term. The cost of the lease will depend on the asset's residual value, which is its book value at the end of the lease. Leases may include early cancellation options that allow the lessee to end the lease early (perhaps for a fee)
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