Laser Center leased equipment from Pace Leasing. Pace earns interest under such arrangements at a 8% annual

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Laser Center leased equipment from Pace Leasing. Pace earns interest under such arrangements at a 8% annual rate. The lease term is nine-months with monthly payments of $12,000 due at the end of each month. Laser Center elected the short-term lease option. What is the effect of the lease on Laser Center's earnings during the nine-month term (ignore taxes)

Posted Date: May 18, 2024 08:06 PM

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Laser Center leased equipment from Pace Leasing. Pace earns interest under such arrangements at a 8% annual

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