If a lease term is more than 80 of the assets life and the, Financial Management

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If a lease term is more than 80 of the assets life and the

If a lease term is more than 80% of the asset's life and the leased property is transferred from the lessor to leasee, then the lease must be capitalized and disclosed on a firm's balance sheet.

1. Identify whether the preceding statement is true or false?

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Financial Management: If a lease term is more than 80 of the assets life and the

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Financial Management: If a lease term is more than 80 of the assets life and the

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