Question: Explain two main differences between capital and operating leases. Select a publicly traded company in America and access its most recent financial statements, form 10-K.
Explain two main differences between capital and operating leases.
Select a publicly traded company in America and access its most recent financial statements, form 10-K. Navigate to the notes to the financial statements and locate the company's note on lease disclosures. Identify the types of leases the company has and explain how you can tell which types of leases are used.
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