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Proposals have been made within GAAP for new standards that would eliminate the differences between long-term and short-term leases (at least according to how they are treated on balance sheets.) Discuss the probable impact this would have on the attractiveness of short-term leases to health care organizations. Provide specific examples to support your response. From the first e-Activity, describe a situation where the lease agreement would make sound business sense from the perspective of the lessee. Explain your rationale.

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