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Vhich of the following conditions qualifies a lease as a finance lease? O a The present value of the minimum lease payments covers substantially all

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Vhich of the following conditions qualifies a lease as a finance lease? O a The present value of the minimum lease payments covers substantially all of the fair value of the property at the inception of the O The lease term covers the majority of the asset's economic life The leased asset is specific to the needs of the lessee and without significant changes would not be of use to another company lease All of these Vhich of the following conditions qualifies a lease as a finance lease? O a The present value of the minimum lease payments covers substantially all of the fair value of the property at the inception of the O The lease term covers the majority of the asset's economic life The leased asset is specific to the needs of the lessee and without significant changes would not be of use to another company lease All of these

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