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Which of the following statements characterizes a sale - leaseback arrangement? Answers: A - D A The lessee also is the seller. B The lessor

Which of the following statements characterizes a sale

-

leaseback arrangement?

Answers: A

-

A The lessee also is the seller.

B The lessor treats the lease as an operating lease.

C The lessee buys the asset from a third party.

D The lessor's interest rate always is higher than in a finance lease.

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