6) Which is true about Leasing: a) All Leasing is on balance sheet financing b) The valuation of the asset on the Balance sheet of an asset under Operating Leasing id equal to the Present Value of the future Lease payments < c) Rent expenses are recorded by the user of the asset (lessee) under Operating Lease < d) If the asset value of an asset under Operating Leasing increases this benefit is a profit of the Lease company (lessor) and not the user of the asset (lessee) < 7) Which statements are consistent with the concept of Present Value: < a) The Present Value of a Future amount is always higher than that Future amount b) An amount of money today is considered more valuable than that amount available in the future < c) A Bond's issue Price is equal to the Present Value of it's past and future cash flows < d) A Bond's issue Value is not equal to it's Carrying Value at the moment of issuance