Convert an operating lease to capital lease

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Reference no: EM131888373

1. First define capital and operating leases, then What specific steps would be taken to convert an operating lease to a capital lease?

2. Should businesses be obligated to provide pension plans?

3. Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $55,000 loan at 4% for 48 months. What is his monthly payment by formula?

Reference no: EM131888373

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