From the Lessee's Viewpoint, All of the Following Are Advantages

Multiple Choice

From the lessee's viewpoint, all of the following are advantages of leasing except that

A) if a lease is recorded as a capital lease, the calculated rate of return on the total assets ratio and the current ratio will be improved
B) a lease agreement may reduce the risk of obsolescence for a lessee
C) in many cases, an asset may be leased without requiring the lessee to make a substantial down payment
D) the lessee may be able to claim larger tax deductions through leasing the asset than if the asset were purchased