What are the economic benefits of leasing vs ownership of assets?
Chapter1: Financial Statements And Business Decisions
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What are the economic benefits of leasing vs ownership of assets?
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Step 1
MEANING:-
Leasing of Assets - The leasing of assets refers when the owner gives the right to use his/her assets to the third party in return of something in return (mainly money).
Ownership of assets - The ownership of assets simply means that one had purchased the assets from the market for own use. It would means that now that assets is yours, you own it.
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