Buying versus Leasing Manufacturer Manufacturer Of Asset Of Asset Firm U Lessor Lessee 1. Uses asset . Owns asset ·Uses asset 2.Owns asset not use asset ·not own asset Equity Creditors Equity Creditors Shareholders Shareholders slide 2slide 2 Buying versus Leasing Buying versus Leasing Manufacturer Of Asset Firm U 1. Uses asset 2. Owns asset Equity Shareholders Creditors Manufacturer Of Asset Lessor • Owns asset • not use asset Lessee • Uses asset • not own asset Equity Shareholders Creditors