Milton co is expanding its operations and is in the process

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Milton Co. is expanding its operations and is in the process of selecting a method of financing this program. After some investigation, the company determines that it (1) may issue bonds and with the proceeds purchase the needed assets or (2) lease the assets on a long term basis. Without knowing the comparative costs involved, answer the following question:

What will be the differences in the balance sheet and income statement if the assets are purchased with the proceeds of a bond issue versus leased?

Reference no: EM13606159

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