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Business, 12.08.2020 04:01 claudia3776

A 12-year capital lease specifies equal minimum annual lease payments. Part of this payment represents interest and part represents a reduction in the net lease liability. The portion of the minimum lease payment in Year 10 applicable to the reduction of the net lease liability should be:

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A 12-year capital lease specifies equal minimum annual lease payments. Part of this payment represen...
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