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Which the lessee estimate of the salvage value is

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Reference no: EM132986772

Problem 1: A salvage value affects the lessee's computation of the recorded cost of the Right of Use asset if the salvage value is guaranteed, and the lessee's estimate of the salvage value is

Select one:

a. more than the guaranteed amount

b. less than the guaranteed amount

c. the same as the guaranteed amount

d. more or less than the guaranteed amount, if the lease qualifies as an operating lease

Reference no: EM132986772

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