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Two companies, The Big Apple and The Big Orange, have signed a lease agreement for the use of fruit pies production equipment. One of these
Two companies, The Big Apple and The Big Orange, have signed a lease agreement for the use of fruit pies production equipment. One of these two companies is the lessor and the other one is the lessee. Whichever one of the two is the lessee this production equipment, and the lessor in turn The lease agreement is most beneficial for both companies when faces a lower corporate income tax rate than
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