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Business, 19.03.2020 22:38 afletcher2000

Suppose Cullumber expects the residual value at the end of the lease term to be $35,000 but still guarantees a residual of $45,000. Compute the value of the lease liability at lease commencement.

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Suppose Cullumber expects the residual value at the end of the lease term to be $35,000 but still gu...
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