A Sale-Leaseback Transaction Is

Multiple Choice

A sale-leaseback transaction is

A) a lease that has a profit component that is recognized as sales revenue.
B) when a company buys an asset and then leases it to someone else other than the seller.
C) a transaction in which a property owner sells a property to another party and, and at the same time leases a similar asset.
D) a transaction in which a property owner sells a property to another party and, at the same time, leases the same asset back from the new owner.