Multiple Choice
By the lessee, a lessee-guaranteed residual value at the beginning of a finance lease should be:
A) Excluded from lease payments.
B) Included as part of lease payments at present value.
C) Included as part of lease payments at future value.
D) Included as part of lease payments only to the extent that guaranteed residual value is expected to exceed estimated residual value.
Correct Answer:
Verified
Correct Answer:
Verified
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