Leasing of machinery can be categorized as______a.Capital budgeting decisionb.Investment decisionc.Financing decisiond.Fixed asset
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Solution 1
The leasing of machinery can be categorized as a Financing decision. This is because when a company decides to lease machinery, it is essentially deciding on a method of financing the acquisition of that machinery. Instead of purchasing the machinery outright (which would be a capital budgeting or i Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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