Question: 2 4 . When a business is given the choice of buying or leasing a piece of equipment, what ( pre - tax ) cash
When a business is given the choice of buying or leasing a piece of equipment, what pretax cash flows should they consider:
a Cash flows if the business buys:
b Cash flows if the business rents:
c How should a business determine the best course of actions, given these cash flows?
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