Get premium membership and access questions with answers, video lessons as well as revision papers.
i) The lease transfers title to the assets to the leasee by the end of lease period
ii) The lease contains an option to purchase the asset at a bargain price.
iii) The lease period is equal to or greater than 75 percent of the estimated economic life of
the assets.
iv) At the beginning of the lease the present value of the minimum lease payments equal or
exceeds 90 percent of the value of the leased property of the lessor.
NatalieR answered the question on February 9, 2022 at 08:48
- With relevant examples of where they are applied, explain two types of leases (Solved)
With relevant examples of where they are applied, explain two types of leases
Date posted: February 9, 2022. Answers (1)
- Outline 4 features of a valid bill of exchange(Solved)
Outline 4 features of a valid bill of exchange
Date posted: February 9, 2022. Answers (1)
- List 5 type of finance which is obtained from persons other than actual owners of the company. (Solved)
List 5 type of finance which is obtained from persons other than actual owners of the company.
Date posted: February 9, 2022. Answers (1)
- List and discuss Features of Bonds in finance management.(Solved)
List and discuss Features of Bonds in finance management.
Date posted: February 9, 2022. Answers (1)
- Highlight the Disadvantages of Using Ordinary Share Capital to a Company(Solved)
Highlight the Disadvantages of Using Ordinary Share Capital to a Company
Date posted: February 9, 2022. Answers (1)
- What are the advantages of Using Ordinary Share Capital by a Company?(Solved)
What are the advantages of Using Ordinary Share Capital by a Company?
Date posted: February 9, 2022. Answers (1)
- List at least five features of Ordinary Share Capital(Solved)
List at least five features of Ordinary Share Capital
Date posted: February 9, 2022. Answers (1)
- List the Rights to Ordinary Shareholders of a company
(Solved)
List the Rights to Ordinary Shareholders of a company
Date posted: February 9, 2022. Answers (1)
- Define the term revenue reserves.(Solved)
Define the term revenue reserves.
Date posted: February 9, 2022. Answers (1)
- Discuss different sources of company finance(Solved)
Discuss different sources of company finance
Date posted: February 9, 2022. Answers (1)
- State and explain the Functions of a Finance Manager(Solved)
State and explain the Functions of a Finance Manager
Date posted: February 9, 2022. Answers (1)
- Discuss the objectives of a firm(Solved)
Discuss the objectives of a firm
Date posted: March 4, 2019. Answers (1)