QUESTION $7$

Which of the following are not sensible reasons to lease an item?

Doesn't require a down payment

Makes financial statistics appear better

The present value of leasing is greater

Transaction costs may be lower for leasing than buying

Reduces taxes

Low implied interest rate implied by payments

Leasing requires that less capital be invested QUESTION $4$

Which of the following are sensible reasons to lease an item?

Transaction costs may be lower for leasing than buying

Makes financial statistics appear better

Leasing requires that less capital be invested

Low implied interest rate implied by payments

The present value of leasing is greater

Doesn't require a down payment

Reduces taxes