Why Calculate a Lease Versus Buy Decision from the Perspective

question 83

Essay

Why calculate a lease versus buy decision from the perspective of the lessee? Why not instead find the present value cost of owning, and then find the present value cost of leasing, and compare which is cheaper?

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Definitions:

Organizational Structure

The system that outlines how certain activities are directed to achieve the goals of an organization, including roles, responsibilities, communication pathways, and hierarchical levels.

Formation of Groups

The process through which individuals come together to form a collective with a common purpose or goal.

Attitudes of Individuals

The settled ways of thinking or feeling about someone or something, typically reflected in a person's behavior.

Intellectual and Physical Work

Tasks that require mental effort and reasoning (intellectual) alongside or in comparison to tasks requiring physical exertion and labor (physical).