What are the different types of leases

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Reference no: EM133343226

Assignment:

Businesses generally own fixed (capital) assets. However, it the ability to use buildings and equipment that is important to the business, not their ownership. One way to obtain the use of capital assets is to lease them.

Address the following requirements:

  • What are the different types of leases?
  • How can a lease be better than buying the item with capital?
  • What factors do you consider when evaluating a lease?

Reference no: EM133343226

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