Which of the following statements is true in finance leases, from the viewpoint of the lessor regarding

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Which of the following statements is true in finance leases, from the viewpoint of the lessor regarding residual values?

a. Guaranteed residual values are included in the gross investment amount, but unguaranteed residual values are excluded from the gross investment.

b. Guaranteed residual values are excluded from the gross investment amount, but unguaranteed residual values are included in the gross investment.

c. Guaranteed and unguaranteed residual values are both included in the gross investment amount.

d. Guaranteed and unguaranteed residual values are both excluded from the gross investment amount

Posted Date: Dec 10, 2021 06:33 PM

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Which of the following statements is true in finance leases, from the viewpoint of the lessor regarding

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Expert Answer:

b Guaranteed residual values are excluded from the gross investment amount but ungu... View the full answer

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