4. Initial direct costs incurred by the lessor in connection with specific leasing activities as in negotiating and securing leasing arrangements in a direct finance lease would *
4. Initial direct costs incurred by the lessor in connection with specific leasing activities as in negotiating and securing leasing arrangements in a direct finance lease would *
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter11: Notes, Bonds, And Leases
Section: Chapter Questions
Problem 11Q
Related questions
Question
![4. Initial direct costs incurred
by the lessor in connection with
specific leasing activities as in
negotiating and securing
leasing arrangements in a
direct finance lease would *
a. result to an increase of the
implicit interest rate.
b. result to a decrease of the
implicit interest rate.
c. result to either an increase or a
O decrease of the implicit interest rate
depending on the given facts.
d. be ignored if the lease qualifies
as a dealer's lease.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1ce944e9-85f1-412c-b932-1e9908226687%2F53ab698b-fc14-49d2-b945-09519ed2c559%2Fvyx3jlf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:4. Initial direct costs incurred
by the lessor in connection with
specific leasing activities as in
negotiating and securing
leasing arrangements in a
direct finance lease would *
a. result to an increase of the
implicit interest rate.
b. result to a decrease of the
implicit interest rate.
c. result to either an increase or a
O decrease of the implicit interest rate
depending on the given facts.
d. be ignored if the lease qualifies
as a dealer's lease.
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