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Which of the following meets the criteria for classification as a finance lease? None of the options listed. O At the end of the
Which of the following meets the criteria for classification as a finance lease? None of the options listed. O At the end of the lease term, the asset has no alternative future use. O The lease term is 2 years, and the asset's economic life is 8 years. O The present value of the minimum lease payments is approximately 50% of the fair value of the leased asset. The lessee has the option of acquiring the asset during or at the end of the lease term at a price of fair value plus 10%.
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