Question: 2 4 . When a business is given the choice of buying or leasing a piece of equipment, what ( pre - tax ) cash

24. When a business is given the choice of buying or leasing a piece of equipment, what (pre-tax) 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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