The net investment in the lease for a sales-type lease reflects the assets related to the lease transaction and is comprised of the following: ________.
A) the lease receivable and the present value of any unguaranteed residual asset
B) the lease receivable and the present value of any guaranteed residual asset
C) the lease receivable and the future value of any unguaranteed residual asset
D) the lease receivable and the future value of any guaranteed residual asset
Correct Answer:
Verified
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