Multiple Choice
If a firm leases instead of borrowing, it
1) owns the asset
2) has the use of the asset
3) receives the depreciation expense
4) losses the asset's residual value
A) 1 and 2
B) 1 and 3
C) 2 and 3
D) 2 and 4
Correct Answer:
Verified
Correct Answer:
Verified
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