[单选题]

If Lizard Inc., a lessee, treats a 5-year lease as a finance lease with straight line depreciation rather than as an operating lease:

A.It will have greater equity at lease inception.

B.Its operating income will be less in the first year of the lease.

C.Its CFO will be greater and CFF will be less in the second year of the lease.

参考答案与解析:

相关试题

Compared to classifying a lease as a financing lease, if a lessee reports the lease as an operating

[单选题]Compared to classifying a lease as a financing lease, if a lessee reports t

  • 查看答案
  • Compared with classifying a lease as a financing lease, if a lessee reports the lease as an operatin

    [单选题]Compared with classifying a lease as a financing lease, if a lessee reports

  • 查看答案
  • On December 31, 2008, Alliance, Inc. executed an eight-year lease with annual payments of $600,000 b

    [单选题]On December 31, 2008, Alliance, Inc. executed an eight-year lease with annu

  • 查看答案
  • At the beginning of the year 2009, a lessee company entered into a new capital lease agreement. The

    [单选题]At the beginning of the year 2009, a lessee company entered into a new capi

  • 查看答案
  • A lessee company entered into a new capital lease agreement with a lesson company. The lease payment

    [单选题]A lessee company entered into a new capital lease agreement with a lesson c

  • 查看答案
  • A lessee company named YYK corporation entered into a new capital lease agreement with its partner.

    [单选题]A lessee company named YYK corporation entered into a new capital lease agr

  • 查看答案
  • The Lather Corporation entered into a lease for 5 years that requires payments of $10,000 per year.

    [单选题]The Lather Corporation entered into a lease for 5 years that requires payme

  • 查看答案
  • At the beginning of 20X6, Cougar Corporation enters a finance lease requiring five annual payments o

    [单选题]At the beginning of 20X6, Cougar Corporation enters a finance lease requiri

  • 查看答案
  • A firm that reports its lease of a conveyer system as an operating lease must disclose:

    [单选题]A firm that reports its lease of a conveyer system as an operating lease mu

  • 查看答案
  • An analyst does research about ratio impact between capital lease and operating lease. All else bein

    [单选题]An analyst does research about ratio impact between capital lease and opera

  • 查看答案
  • If Lizard Inc., a lessee, treats a 5-year lease as a finance lease with straight line depreciation r