27. Which of the following is an advantage of captive leasing companies over the other players in the leasing market? They are good at developing innovative contracts that help avoid accounting problems. They provide leasing arrangements for a wider range of products than the parent company’s product line. They have the point-of-sale advantage in finding leasing customers. They have access to low-cost funds allowing them to purchase assets at lower cost.
27. Which of the following is an advantage of captive leasing companies over the other players in the leasing market? They are good at developing innovative contracts that help avoid accounting problems. They provide leasing arrangements for a wider range of products than the parent company’s product line. They have the point-of-sale advantage in finding leasing customers. They have access to low-cost funds allowing them to purchase assets at lower cost.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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27.
Which of the following is an advantage of captive leasing companies over the other players in the leasing market?
They are good at developing innovative contracts that help avoid accounting problems.
They provide leasing arrangements for a wider range of products than the parent company’s product line.
They have the point-of-sale advantage in finding leasing customers.
They have access to low-cost funds allowing them to purchase assets at lower cost.
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