Cppb2024 latest update Study guides, Class notes & Summaries

CPPB(2024 Latest Update)Accurate 100%Advantages of Leasing - ANSWER L- lessor carries burden of the investment so lessee can use working capital for other opportunities. E - entire expense of lease can sometimes be treated as an operating expense minimizing taxable income A - available equipment on short term basis for projects that don't justify a large outlay of funds. S -so the risk of obsolescence can be minimized or eliminated Disadvantages of Leasing - ANSWER Cost Lessees do not ow...