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Which of the two statements below are correct? You can only mark two alternatives and you will get 2 point for each correct answer. Which
Which of the two statements below are correct? You can only mark two alternatives and you will get 2 point for each correct answer.
Which two of the following five statements are correct?
- When deciding whether to lease, a firm should compare the lease with simply purchasing the asset
- Tax Differences and Reducing Resale Costs are two examples of valid reasons for leasing
- The lessee is the owner of the asset, who is entitled to the lease payments in exchange for lending the asset
- To evaluate the leasing decision for a true tax lease you should compare the cost of leasing with the cost of financing using an equivalent amount of leverage (a lease-equivalent loan)
- You may never obtain ownership of an asset that you have leased
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