Assignment:
"Plant Assets"Answer the following:
- Imagine that you are the Chief Financial Officer (CFO) of a startup airline company. The executive management team has tasked you with making a recommendation about whether the company should buy or lease airplanes. Analyze the major pros and cons for leasing and buying assets. Based on your analysis, provide a recommendation to the executive team with supporting rationale.
- What does this discussion require? Research the advantages and disadvantages of leasing planes versus buying planes. You will not present these specific items at the executive meeting, but you will need to understand them to make your decision and be ready to answer questions. Write out your recommendation clearly providing the reasons for your decision, providing evidence supporting your choice. Write out your recommendation carefully checking if for spelling errors and other grammatical issues.