Question: - 1 2 View Policies Current Attempt in Progress Which of the following is a criterion for a lease to be classified as a finance

-12
View Policies
Current Attempt in Progress
Which of the following is a criterion for a lease to be classified as a finance lease in the bools of a lessee?
The lease does not transfer ojpership of the property to the lessee.
The lease term is equal to 65% or more of the estimated useful life of the leased property.
The present value of the minimum lease payments is 70% or more of the fair value of the leased property.
The lease contains a bargain purchase option.
Attempts: Oof 3 used
llatan
4/72atal
- 1 2 View Policies Current Attempt in Progress

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