14) Good reasons for leasing include all of the following EXCEPT that: Leasing is a source of 100% financing for an asset. Leasing may not increase a firm's financial leverage. Leasing may encumber...

14) Good reasons for leasing include all of the following EXCEPT that:

• Leasing is a source of 100% financing for an asset.


• Leasing may not increase a firm's financial leverage.


• Leasing may encumber fewer assets than borrowing.


• Leasing transfers uncertainty about the future value of the leased asset to the lessor.


• Taxes may be reduced by leasing