Match the words with the term.   Question 4 options:   one who pays to use an asset   agreed commitment   purchase   cancelable upon notice   one who lends an asset   1. lessee 2. sale and leaseback 3. financial lease 4. operating lease 5. lessor

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter19: Lease Financing
Section: Chapter Questions
Problem 6MC: The lessee compares the present value of owning the equipment with the present value of leasing it....
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Match the words with the term.

 

Question 4 options:

 

one who pays to use an asset

 

agreed commitment

 

purchase

 

cancelable upon notice

 

one who lends an asset

 
1.

lessee

2.

sale and leaseback

3.

financial lease

4.

operating lease

5.

lessor

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