One advantage that has often been claimed of lease financing is that it creates off-balance sheet financing.

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One advantage that has often been claimed of lease financing is that it creates “off-balance sheet” financing. Evaluate this benefit in light of FASB Standard No. 13.

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Question Posted: Jul 17, 2012 04:19 AM

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One advantage that has often been claimed of lease financing is that it creates off-balance sheet financing.

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FASB Standard 13 requires that many financial leas...View the full answer

Contemporary Financial Management

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