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Sales-type leases and direct financing leases are two common types of leases from a lessors perspective. Required: Compare and contrast a sales-type lease with a
Sales-type leases and direct financing leases are two common types of leases from a lessors perspective. Required: Compare and contrast a sales-type lease with a direct-financing lease on the following dimensions: a. Gross investment in a lease. b. Amortization of unearned interest income. c. Manufacturers or dealers profit Note: Do not discuss the criteria for distinguishing between sales-type, direct financing, and operating leases
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