Difference between operating leases and financial leases, Financial Accounting

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Difference between operating leases and financial leases

Response to the following questions:

1. Distinguish between operating leases and financial leases . Would you be more likely to find an operating leaves employed for a fleet of trucks or for a manufacturing plant.

2. Would you be more likely to find that lessees are in high or low income tax brackets as compared with lessors?

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Financial Accounting: Difference between operating leases and financial leases

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Financial Accounting: Difference between operating leases and financial leases

Reference No:- TGS02130004

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