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QUESTION 9 Comparing EPS between two different companies is not meaningful but comparing the ratio of stock price to EPS (PE ratio) is meaningful. False
QUESTION 9 Comparing EPS between two different companies is not meaningful but comparing the ratio of stock price to EPS (PE ratio) is meaningful. False True QUESTION 10 There are tax benefits to lessors by leasing a building because the lessee will receive the depreciation deduction on their taxes. True False QUESTION 11 Which of the following describes the lease term test? If the lease term is 90% or more of the economic life, it is a finance lease. If there is a bargain purchase option during the lease term, it is a finance lease. If the lease term is 75% or more of the economic life, it is a finance lease. O If the asset has an alternative use during the lease term, it is a finance lease
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