Lessees with are most likely to use leveraged leases for large transactions.
A)low profit levels
B)large amounts of tax exempt income
C)low profits and high amounts of tax-exempt income
D)outlays of less than $300,000

Question

Quizplus · Accepted Answer

Lessees with low profits and high amounts of tax-exempt income are most likely to use leveraged leases because they can benefit from the tax advantages that come with such leases, despite their low taxable income.

Lessees with Are Most Likely to Use Leveraged Leases for Large