What are the 4 Criteria of a Captial Lease with emphasis on 75% and 90% Tests. How to check the 90% test for Captial Leases.
Questions: What are the 4 Criteria for Captializing a Lease? How do you find the Present Value of the Minimum lease payments to assess the 90% Test? How do you find the Present Value of the Minimum lease payments to assess the 90% Test?