QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 357 Weeks Ago, 2 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 23 May 2017 My Price 12.00

finance and accounting, business and finance homework help

Question description

 

I need a simple and specific answer to the question below. Thankyou

Under the sales type lease, the fair value of the leased property at the inception of the lease differs from the cost or carrying amount to the lessor. These differences give rise to a dealer's profit or loss, but the lessor need not to be a dealer to realize a profit or loss. Please explain the differences between a direct financing lease and sales type lease for a lessor. Provide an example to support your answer

Answers

QuickHelper
(10)
Status NEW Posted 23 May 2017 07:05 PM My Price 12.00

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