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Which of the following is not one of the conditions for a capitallease? A. Title is transferred to the lessee by the end of the
Which of the following is not one of the conditions for a capitallease?
A.
Title is transferred to the lessee by the end of the lease.
B.
The lease term exceeds90% of the estimated economic life of the property.
C.
The lease contains a bargain purchase option.
D.
The lease term equals or exceeds75% of the estimated economic life of the property.
E.
The present value of the lease payments is at least90% of the leasedasset's fair value at the start of the lease term.
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