Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is an advantage of leasing

Which of the following is an advantage of leasing an asset for the lessee? A....

90.2K

Verified Solution

Question

Accounting

Which of the following is an advantage of leasing an asset for the lessee?

A. Some leases are not disclosed on the lessee's balance sheet.

B. There are lower overall costs for the asset.

C. The lessee absorbs the risk of obsolescence.

D. Ownership automatically passes to the lessee at the end of the lease.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

Find the exact value of sin R in simplest radical form 20 P 4 6...

Basic Math
1.2K views

A sample of 20 computer chips were tested for speed in a certain application. The...

Statistics
1.2K views

Write the vector in component form 104 10 8 6 4 2 8 6 4...

Calculus
1.2K views

Determine whether the function is continuous over the interval 6 6 Is the function continuous...

Algebra
1.2K views

4 a Evaluate the following without the use of a calculator sin 1 c tan...

Accounting
1.2K views

Xavier and Santos formed a 50/50 partnership. Xavier provided equipment which had a fair market...

Accounting
1.2K views

Oswego Clay Pipe Company sold $45,000 of pipe to Southeast Water District 45 on April...

Accounting
1.2K views

Armada Shipping is a global logistics company. The company is organized into two divisions: Contracts...

Accounting
1.2K views

On July 1, Year 1, Danzer Industries Inc. issued $40,000,000 of 10-year, 7% bonds at...

Accounting
1.2K views

can you please solve this question Lavage Rapide...

Accounting
1.2K views

There are various pros and cons to the four options for salary payments. Using the...

Finance
1.2K views

SOLVE ALL THE PROBLEMS USING EXCEL FORMULAS Please use type = 0 in excel equations....