SFAS No. 13 custom essay

[meteor_slideshow slideshow=”fe1″]

Under SFAS No. 13, leases that do not meet one of the four criteria for a capital lease are treated as operating leases. The four criteria are:

1- Title to the equipment passes automatically to the lessee by the end of the lease term;
2- The lease contains an option to purchase the equipment at the end of the lease for substantially less than fair market value; sometimes this is a $1 purchase;
3- The term of the lease is greater than 75% of the useful life of the equipment;

4- The present value of the lease payments is greater than 90% of the fair market value of the equipment.

Argue (250-word) against the capitalization of leases that do not meet any of the SFAS No. 13 criteria for a capital lease. Your arguments should take into consideration the matching principle and full disclosure.

[meteor_slideshow slideshow=”fe2″]

Focusessays.com has been offering academic support services to students since 2002 and more than 60% of our customers are return clients. We have skilled and experienced writers in all academic levels and subjects. Entrust us with your assignment and you will get a custom essay which is 100% original within its deadline. Get value for your money, confidentiality is guaranteed and customer support services/communication with your writer are available 24/7. Place your Order Now.

Focus Essays has been there for more than 10 years to offer students like you academic writing services.

Get our experience by placing an order with us and use the discount code PAPER15 to get 15% discount on all orders.

We deliver URGENT ORDERS within 6 hours. Get a quotation from the calculator below.

TRY OUR SERVICES TODAY.

[order_calculator]