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Field research can also be emotionally taxing.
Leased Asset's Useful Life
The expected period over which a leased asset is anticipated to be used by the lessee, often corresponding to the lease term unless a shorter period is more representative.
Minimum Lease Payments
The lowest amount that a lessee is expected to pay over the lease term, including both principal and interest components.
Direct Financing Lease
A type of lease arrangement where the lessor purchases an asset for the lessee and rents it out, effectively acting as a financing tool.
Operating Lease
A lease agreement that allows for the use of an asset but does not convey rights of ownership of the asset.
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