Given below are two statements: One is labeled as Assertion A and the other is labeled as Reason R
Assertion A: Usually manufacturing companies use sale and lease back arrangements to unlock investment in fixed assets.
Reason R: In a sale of lease back arrangement, the companies sell the asset to a leasing company, and lease it back to enjoy the uninterrupted use of the asset in their business.
In the light of the above statements, choose the most appropriate answer from the options given below:
1
Both A and R are true and R is the correct explanation of A
2
Both A and R are true but R is not the correct explanation of A
3
A is true but R is not false
4
A is false but R is true