Problem:
Case Study: Leasing Computers at Persistent Learning, Harvard Business School, 9-108-014.
Discuss the difference between FMV and operating leases and show why one is the choice over the other in the case study. Ensure that all calculations are correct and that the conclusions are substantiated by what you found at year end for each of the years.
Additional Information:
This question is basically belongs to the Finance as well as it explains about the Harvard case study Leasing Computers at Persistent Learning. The question here is about the difference between FMV and operating leases and the choice of one over the other has been discussed.