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Which of the following statements is true about lease accounting methods? (check all that apply)

Capital leases lead to lower Cash from Operations than Operating leases

Capital leases have higher total expenses than operating leases over the life of the contract

Capital leases lead to a lower Return on Assets ratio than Operating leases

Capital leases lead to a higher Cash from Investing Activities than Operating leases

Capital leases have higher expenses than operating leases in the first year of the contract

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91527344

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