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    How do qualitative factors like the conditions of an asset impact a lease or buy decision?

    © BrainMass Inc. brainmass.com March 4, 2021, 6:49 pm ad1c9bdddf

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    Qualitative factors such as the condition of an asset determines the remaining useful life of an asset. For example, if we purchase an automobile, the current condition of the car, say after running 100,000 miles, will help us in determining the expected miles the car will run ...

    Solution Summary

    This solution discusses how qualitative factors like the conditions of an asset impacts one's decision on whether they lease or buy.