Fundamentals of Corporate Finance
Fundamentals of Corporate Finance
11th Edition
ISBN: 9780077861704
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 27.2, Problem 27.2ACQ
Summary Introduction

To discuss about: capital lease for accounting purposes.

Introduction:

In the olden days, leasing was called as off-balance sheet financing. This means that a firm can buy an asset on lease. However, it is not mandatory to mention it in the balance sheet. Instead, in the financial statements it can be mentioned in the footnotes.

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Fundamentals of Corporate Finance

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