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?
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ACC 422 Week 5 DQ 2
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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?
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ACC 422 Week 5 DQ 3
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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?
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ACC 422 Week 5 DQ 4