Question: The chapter mentions that accounting data do not consider offbalance sheet items. A retailer that owns its stores will list the value of that property

The chapter mentions that accounting data do not consider off–balance sheet items. A retailer that owns its stores will list the value of that property as an asset, for example, while a firm that leases its stores will not. What are some of the accounting and shareholder advantages of leasing compared to owning retail locations?


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