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Title: RST entered into a direct financing lease with ZAB, which called for seven annual rentals of Post by: Waffled on Aug 31, 2018 RST entered into a direct financing lease with ZAB, which called for seven annual rentals of
$3,500 (interest rate 12 percent) to be paid at the end of each year. The lease also contained a bargain purchase option allowing ZAB to purchase the asset for $2,500 after making the seventh annual rental payment. The cost of the asset must have been: A) $17,104 B) $18,473 C) $25,631 D) $27,000 Title: RST entered into a direct financing lease with ZAB, which called for seven annual rentals of Post by: annabananerz on Aug 31, 2018 A
Title: RST entered into a direct financing lease with ZAB, which called for seven annual rentals of Post by: Waffled on Aug 31, 2018 Going to mark this solved!
Title: RST entered into a direct financing lease with ZAB, which called for seven annual rentals of Post by: annabananerz on Aug 31, 2018 :okay:
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