One potential impact from the new lease standard for lessee's finance (type a) leases will be that

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One potential impact from the new lease standard for lessee's finance (type a) leases will be that ebitda will likely have a/an

A. favorable impact because interest will decrease while rental expense will increase

B. unfavorable impact because depreciation will increase while rental expense will decrease

C. favorable impact because interest and amortization expense will increase while rental expense will decrease

D. unfavorable impact because interest, depreciation and rental expense will all increase

Related Book For answer-question

Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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Posted Date: Feb 12, 2024 12:22 AM

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One potential impact from the new lease standard for lessee's finance (type a) leases will be that

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The detailed answer for the above question is provided below The correct answer is C favorable impac... View the full answer

Financial Accounting

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