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When lessors use present value techniques to account for residual values related to leased assets,...

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Question

Accounting

When lessors use present value techniques to account for residual values related to leased assets, they

a.

include the unguaranteed residual values.

b.

recognize more gross profit on sales-type leases with guaranteed residual values than on a sales-type leases with unguaranteed residual values.

c.

include the guaranteed residual values.

d.

include both guaranteed and unguaranteed residual values.

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