单选题 If a lease is capitalized rather than expensed (an operating lease) the firm's net income will: A. decrease over the life of the lease. B. remain constant over the life of the lease. C. increase over the life of the lease.

【正确答案】 C

【答案解析】In early years, capitalized income ＜ operating income. In later years, capitalized income ＞ operating income. But income will increase over the entire period.