Assignment:
Q1. Distinguish between operating leases and financial leases. Would you be more likely to find an operating lease employed for a fleet of trucks or for a manufacturing plant?
Q2. Would you be more likely to find that lessees are in high or low income tax brackets as compared with lessors?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.