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What are the differences between a direct-financing and a sales-type lease for a lessor? Why would a lessor provide direct-financing to a lessee? What types of organizations provide direct-financing leases? ============================================== ACC 422 Week 5 DQ 2 FOR MORE CLASSES VISIT www.acc422nerd.com What are the criteria for classifying a lease as operating or capital? Why is there a difference between the two? What are the implications of an operating lease versus a capital lease on an entity’s financial statements? ============================================== ACC 422 Week 5 DQ 3 FOR MORE CLASSES VISIT www.acc422nerd.com What is residual value? What is the implication to the lessee if the residual value is guaranteed or unguaranteed? What is the implication to the lessor? ============================================== ACC 422 Week 5 DQ 4