Your company is ready to open a storefront but has limited cash flow. What are the two advantages of leasing instead of buying? (Choose 2.) Note: You will receive partial credit for each correct answer. A. Equity earned from appreciation B. Accrued long term wealth square C. Lower up-front costs D. Lower maintenance costs

Question

Your company is ready to open a storefront but has limited cash flow. What are the two advantages of leasing instead of buying? (Choose 2.) Note: You will receive partial credit for each correct answer. A. Equity earned from appreciation B. Accrued long term wealth square C. Lower up-front costs D. Lower maintenance costs

Answer 1

The two advantages of leasing instead of buying are:C. Lower up-front costsD. Lower maintenance costsLeasing typically requires less initial capital compared to purchasing, and it often includes maintenance and repair coverage, reducing additional costs.

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