A firm that is very cyclical in nature and requires extra equipment only during its peak periods should consider leasing that equipment using a(n) _____ lease.

Name: A firm that is very cyclical in nature and requires extra equipment only during its peak periods should consider leasing that equipment using a(n) _____ lease.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Operating leases are ideal for firms that require equipment only during peak periods, as they offer flexibility and do not require the lessee to commit to owning the equipment.

A Firm That Is Very Cyclical in Nature and Requires