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What is the major advantage for the lessee of selling a piece of owned real property and then leasing it back? Multiple Choice The asset
What is the major advantage for the lessee of selling a piece of owned real property and then leasing it back?
Multiple Choice
The asset is sold at its book value
Any land value will now become part of lease payments and be tax deductible
The lessee gains the residual value
None of the answers are correct
Technological obsolescence is transferred to the lessee
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