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Which of the two statements is an advantage of a financial lease? 1. Lease never appears as a liability on the balance sheet. II. There

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Which of the two statements is an advantage of a financial lease? 1. Lease never appears as a liability on the balance sheet. II. There is no need to make periodic (annual) lease payments. O . a. Both I and II O b. Neither I nor II O c. Only 11 d. Only 1

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