Which of the following facts would require a lessor to classify a lease as an...
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Which of the following facts would require a lessor to classify a lease as an operating lease? Lessor retains all the risks and benefits of ownership. A bargain purchase option is provided for by the lease agreement. The lease term is of the estimated economic life of the leased property. The sum of the lease payments is of the fair value of the leased property to the lessor
Which of the following facts would require a lessor to classify a lease as an operating lease?
Lessor retains all the risks and benefits of ownership.
A bargain purchase option is provided for by the lease agreement.
The lease term is of the estimated economic life of the leased property.
The sum of the lease payments is of the fair value of the leased property to the lessor
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