Question: Given in the following table are two situations where the firm needs to decide whether to lease or to buy. Based on your understanding of

 Given in the following table are two situations where the firm

Given in the following table are two situations where the firm needs to decide whether to lease or to buy. Based on your understanding of the advantages to leasing from a qualitative perspective, what is the firm likely to do in each situation-lease or buy? Assume all other quantitative factors remain constant. Situation Lease or Buy Decision MobiProne is a mobile technology startup company. The company needs equipment to manufacture its customized mobile phones. Should the firm lease or buy the equipment? Pearlene runs a vintage-furniture manufacturing company. Considering the current demand of the business, she needs at least five heavy vehicles to transport raw materials from her selected sources and to deliver custom-built vintage furniture to her customers. She is, however, skeptical of whether the business will continue to flourish the same way in the future. Should she lease the heavy vehicles or buy them

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