Final answer:
A sale-leaseback is a financial transaction where a company sells an asset and then leases it back. The question is discussing the potential outcomes in terms of gain, loss, and artificial losses in a sale-leaseback transaction. The subject of this question is business, specifically finance and accounting.
Step-by-step explanation:
A sale-leaseback is a financial transaction where a company sells an asset, such as property or equipment, and then leases it back from the buyer for a specified period of time. The subject of this question falls under the field of Business, specifically finance and accounting.
In this context, the middle 10-90% is referring to the range of values between the 10th percentile and the 90th percentile of a distribution. The question is discussing three scenarios in relation to a sale-leaseback: gain, loss (NBV > FV), and artificial losses (SP < FV).
To summarize, in a sale-leaseback transaction, a company sells an asset and then leases it back. The question is asking about the potential outcomes in terms of gain, loss, and artificial losses when the fair value (FV) and the net book value (NBV) of the asset are compared.