A direct financing lease differs from a sales-type lease in that
A) the direct financing lease does not have a dealer profit, although it could have a dealer loss.
B) the direct financing lease provisions do not include a bargain purchase option.
C) the sales-type lease does not have unearned interest income at the inception of the lease.
D) the direct financing lease does not have a dealer profit or loss.
Correct Answer:
Verified
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Q57: Exhibit 20-2
On January 1, 2016, Mary Company
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Q62: A direct financing capital lease results in
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A)If a lease
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