Question
Asked Jan 28, 2020
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At the inception of a capital lease, the guaranteed residual value should be
a. Included as part of minimum lease payments at present value.
b. Included as part of minimum lease payments at future value.
c. Included as part of minimum lease payments only to the extent that guaranteed residual value is expected
to exceed estimated residual value.
d. Excluded from minimum lease payments.

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