Question: Under the FAS 1 3 Blank _ _ _ _ _ _ . Multiple choice question. the present value of operating lease payments appears on

Under the FAS 13 Blank______.
Multiple choice question.
the present value of operating lease payments appears on the balance sheet
a lease is considered a finance lease if the term is 60 percent of the estimated life of the asset
the present value of finance lease payments appears on the balance sheet
operating leases are considered capital leases

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