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  3. in the context of leasing, what is residual value?

In the context of leasing, what is residual value? What is the implication to the...

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Accounting

In the context of leasing, what is residual value? What is the implication to the lessee if the residual value is guaranteed or unguaranteed? What is the implication to the lessor?

What are the advantages of operating and capital leases? What are the disadvantages? Why would a company choose one over the other?

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