Finance · Financial Markets

Which of the following advantages does lease financing provide to the lessee? 1. It enables the lessee to acquire the use of an asset without heavy upfront capital expenditure on its outright purchase. 2. The lessee can deploy the asset to generate operational profits with lower initial cash outflows. 3. The lessee owns the asset and can directly claim its residual salvage value at the end of the lease period. 4. In a standard operating lease, the lessee is the legal owner entitled to claim depreciation for income tax purposes.