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Braca643 Braca643
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6 years ago
If the lease term must be greater than or equal to ________, the lessee will record the lease as a capital lease.
A) 50% of the expected economic life of the leased property
B) 75% of the expected economic life of the leased property
C) 80% of the expected economic life of the leased property
D) 90% of the expected economic life of the leased property
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
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rockintictacorockintictaco
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6 years ago
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Braca643 Author
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#2
6 years ago
This helps so much, thank you for responding so quickly...
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#3
6 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
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