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The current lease rates quoted by the First Leasing Ltd (FLL) on its lease contracts are: Rs 18/Rs 1.00 motstand Go R 125 Rs 1,000month
The current lease rates quoted by the First Leasing Ltd (FLL) on its lease contracts are: Rs 18/Rs 1.00 motstand Go R 125 Rs 1,000month for 3-year and 5-year terms respectively. While the monthly lease rentals in the year contract are payable in arrears, those for the 5-year contract are payable in advance. Assuming 10 per cent marginal cost of debt to the lessee.
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
