Minimum Lease Payments Include

question 15

Multiple Choice

Minimum lease payments include:

• A) any bargain purchase option amount.
• B) any rentals paid to reimburse the lessor for executory costs.
• C) contingent rentals.
• D) unguaranteed residuals.

---

Definitions:

Franchise

A licensing arrangement where a franchisor allows a franchisee to use its business model, brand, and rights to sell its products or services.

Retail Beverage

Refers to drinks, including alcoholic and non-alcoholic, that are sold directly to consumers through retail outlets.

Profitability

A financial metric that measures the degree to which a company or activity yields profit when compared to its size, costs, or investments.

Disclosure Documents

Official documents that provide detailed information about an investment, required by law to be provided to prospective investors.