Question: When applying the present value test, lease payments determined by the lessee include: foeed payments. IL . variable payments based on an index III. a
When applying the present value test, lease payments determined by the lessee include:
foeed payments.
IL variable payments based on an index
III. a bargain purchase option.
IV a guaranteed residual value.
I. II and IV
I, and V
IL IIL, and IV
II and ILI
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