Type of financial security in which firms do not borrow money rather lease their assets is classified as?

Question

Type of financial security in which firms do not borrow money rather lease their assets is classified as?

leases
preferred stocks
common stocks
corporate stocks

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 1

Type of financial security in which firms do not borrow money rather lease their assets is classified as leases. A lease is a contract outlining the terms under which one party agrees to rent property owned by another party.

5 views Answered 2022-09-01 13:21