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Home Q & A Board Other Fields Homework Help Business Accounting
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lanachase lanachase
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5 years ago
By leasing an asset for less than 75% of its economic life or less than 90% of its fair market value, a company may avoid classifying the lease as a capital lease.
[True or False]
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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FleuryFleury
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lanachase Author
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#2
5 years ago
Smart ... Thanks!
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