All of the following statements are true except: a. the lease criteria under IFRS are to be used as guidelines rather than rules.
b. the criteria to determine whether a lease contract should be considered a capital lease are applied in a more rigid way under U. S. GAAP than IFRS.
c. IFRS require more accounting judgment than U. S. GAAP in the determination of whether a lease is classified as an operating lease or a capital lease.
d. the criteria to determine whether a lease contract should be considered a capital lease are applied in a more rigid way under IFRS than U. S. GAAP.

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.