Reference no: EM13571669

What is a lease and how is it used as a financing vehicle? How are leases accounted for within the firm's financial reports? What is the difference between a capital lease and an operating lease? What is residual value? What are executory costs? What considerations are relevant in a lease or sell decision? Provide a discussion of all potential scenarios and the relevant accounting requirements. Your paper must:

1. Identify the main issues in the chosen area and accurately respond to each of the questions from the chosen area.
2. Build upon class activities by referencing new learning that has occurred.
3. Present specific current and/or future applications and relevance to the typical workplace.

Guidelines for Writing the Final Paper

• Paper must be seven to ten (7-10) double-spaced pages in length, exclusive of Appendix, References, Exhibits, etc.
• Formatted according to APA style as outlined in the approved APA style guide (including title page and reference list).
• Must include an introductory paragraph with a succinct thesis statement.
• Must address the topic of the paper with critical thought.
• Must conclude with a restatement of the thesis and a conclusion paragraph.
• Must include at least three other appropriately documented, related articles drawn from the University's library (excluding your textbook).