According to data compiled by the National Federation of Independent Business, what is the most important advantage of buying business equipment over leasing it, as reported by small business owners?
A) Can treat the asset as they wish
B) Can own the asset until they want to get rid of it
C) Cheaper overall
D) Puts the asset on the books

Question

Quizplus · Accepted Answer

Small business owners often find buying equipment cheaper overall in the long run compared to leasing, as it eliminates ongoing lease payments and potential interest costs.

According to Data Compiled by the National Federation of Independent