The Following Are the Characteristics of a Lease: Which

question 80

Multiple Choice

The following are the characteristics of a lease: Which of the following is correct about this lease?

• A) The present value of the MLP is greater than 90%, so this is a finance lease.
• B) The present value of the MLP is less than 90%, so this is an operating lease.
• C) The present value of the MLP is less than 90%, so this is a finance lease.
• D) The present value of the MLP is greater than 90%, so this is an operating lease.

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