Which of the following is not one of the commonly discussed advantages of leasing for...
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Accounting
Which of the following is not one of the commonly discussed advantages of leasing for the lessee?
a. Leasing permits 100% financing at fixed rates.
b. Leasing permits changes in equipment more easily thus reducing the risk of obsolescence.
c. Leasing improves financial ratios by increasing assets without a corresponding increase in debt.
d. Lease agreements may contain less restrictive provisions than other debt agreements.
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