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A bargain purchase option is available at the end of the lease but the lessee has no intention or purchasing it. Let’s say it doesn’t meet any of the 3 other requirements for a capital lease.
And since I’m at it, I might as well also ask,what if the company has the intention, but lacks the ability to purchase it in the future. Is this also considered a capital lease?
FAR 85 June 2015
AUD 80 Nov 2015
REG 83 Nov 2015
BEC 79 Feb 2016
Viewing 6 replies - 1 through 6 (of 6 total)
Viewing 6 replies - 1 through 6 (of 6 total)
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