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What are the three types of costs that a lessee experiences with finance leases? a. b. Lease expense, initial direct costs, depreciation expense. Interest expense,
What are the three types of costs that a lessee experiences with finance leases? a. b. Lease expense, initial direct costs, depreciation expense. Interest expense, amortization expense, initial direct costs. Amortization expense, initial direct costs, lease revenue. Initial direct costs, interest expense, lease revenue. d. When the total expenses over the life of an operating lease are compared to the total expense over the life of a finance lease, one will find that: a. The expenses of the finance lease and operating lease are equal. b. The expenses of a finance lease are greater than the expenses of the operating lease. C. The expenses of an operating lease are greater than the expenses of a finance lease. d. These two can not be compared
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