The useful life of an asset: Multiple Choice is equal to its economic life. O can never be shorter than its economic life. can never be longer than its economic life. can be longer or shorter than its economic life. When the lessee guarantees the residual value at the end of the lease term, the Multiple Choice lossor will use this amount in computing penodic depreciation expense lessor will receive an additional cash flow at the end of the lease term lessee may have to pay the lessor additional cash if the actual residual value is not equal to me estimated residual value lessee will have to pay the lessor additional cash because the guaranteed residual value is included in computing the rol tentamos