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Replies to post #21860 on Nexus Energy Services Inc (IBGR)

Replies to #21860 on Nexus Energy Services Inc (IBGR)
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dnizzle6

01/13/12 9:41 PM

#21862 RE: 5StringDrive #21860

No problem! Just trying to figure it out myself!
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surfguy

01/13/12 10:30 PM

#21869 RE: 5StringDrive #21860

If the property is determined to be a capital lease, the lessee takes on the benefits of ownership and start taking depreciation.