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Which of the following criteria is not part of the definition of a capital lease ? A. You get to keep the asset at the
Which of the following criteria is not part of the definition of a capital lease ?
A. You get to keep the asset at the end of the term
B. The lease term is greater or equal to 75 % of the assets useful life;
C. The present value of the lease payments are greater or equal to 90 % of the purchase price; D. You get to buy the asset for a bargain at the end of the lease;
E. All of these are criteria for a capital lease
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