Question: Instead of purchasing assets outright many companies lease assets either for operational purposes or as a means of asset acquisition. Please explain the differences between

Instead of purchasing assets outright many companies lease assets either for operational purposes or as a means of asset acquisition. Please explain the differences between the 2 types of leases, capital and operating, and explain how both the lessee and the lessor view these arrangements and provide a clear discussion of the process each uses to determine whether to enter into a leasing arrangement.

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