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For a Six-Year Capital Lease,the Portion of the Minimum Lease

Question 5

Multiple Choice

For a six-year capital lease,the portion of the minimum lease payment in the third year applicable to the reduction of the obligation should be


A) Less than in the second year
B) More than in the second year
C) The same as in the fourth year
D) More than in the fourth year

Correct Answer:

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