Business, 02.07.2019 04:10 misrachel03

Blue company is recording a capital lease (usually called a finance lease under ifrs) and is aware that theimplicit interest rate used by the lessor to calculate lease payments is 8%. blue's incremental borrowing rate is 7%. blue should record the leased asset and lease liability at the present value of the lease payments dis- counted ata. 7% if using either u. s. gaap or ifrs. b. 7% if using ifrs. c. 8% if using u. s. gaap. d. 8% if using ifrs.

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Blue company is recording a capital lease (usually called a finance lease under ifrs) and is aware t...

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