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The seller/lessee accounts for a sale-leaseback as a financing transaction if which of the following is true? A. the lease term is for a major

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The seller/lessee accounts for a sale-leaseback as a financing transaction if which of the following is true? A. the lease term is for a major part of the remaining life of the asset. B. the leaseback is classified as an operating lease. C. the present vatue of the lease payments for the leaseback is 10% of less of the fair value of the property sold. D. the present value of the lease payments for the leasebackis greater than 10% of the fairyatue of the property sold

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