What are the general desirability among users to lease rather than own the space they need in their operations

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 11DQ
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What are the general desirability among users to lease rather than own the space they need in their operations

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Leasing is a method through which person can hire fixed asset or place for certain period of time by giving fixed amount or rent. Person who hire the asset called lessee and other party called lessor.

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