Scribd Logo
Upload

Welcome to Scribd!

  • Financial Leases Financial Leases, Sometimes Called Capital Leases, Are

    Uploaded by

    harikrishnakarri
    5 views1 page
    Financial leases, also called capital leases, differ from operating leases in that they do not provide for maintenance, are not cancelable, are for a period that approximates the useful life of the asset, and are fully amortized. In a typical financial lease, the lessee selects the item required and negotiates the price directly with the supplier or manufacturer, with the lessor then purchasing the asset and leasing it to the lessee.

    Original Description:

    fsa

    Original Title

    1011

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Financial leases, also called capital leases, differ from operating leases in that they do not provide for maintenance, are not cancelable, are for a period that approximates the useful life of the asset, and are fully amortized. In a typical financial lease, the lessee selects the item required and negotiates the price directly with the supplier or manufacturer, with the lessor then purchasing the asset and leasing it to the lessee.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views1 page

    Financial Leases Financial Leases, Sometimes Called Capital Leases, Are

    Uploaded by

    harikrishnakarri
    Financial leases, also called capital leases, differ from operating leases in that they do not provide for maintenance, are not cancelable, are for a period that approximates the useful life of the asset, and are fully amortized. In a typical financial lease, the lessee selects the item required and negotiates the price directly with the supplier or manufacturer, with the lessor then purchasing the asset and leasing it to the lessee.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Financial Leases Financial leases, sometimes called capital leases, are

    different from operating leases in that they (1) typically do not provide for
    maintenance, (2) typically are not cancelable, (3) are generally for a period
    that approximates the useful life of the asset, and, hence, (4) are fully
    amortized. In a typical financial lease, the lessee selects the item it
    requires and negotiates the pric

    You might also like