I use the SNOB approach to help me remember
PV of lease payments= 90% of the PV of the assets bargain purchase the lease covers at least 75% of the total asset life titles of the asset transfers
I use the SNOB approach to help me remember
PV of lease payments= 90% of the PV of the assets bargain purchase the lease covers at least 75% of the total asset life titles of the asset transfers