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Corporations' extensive use of external funds during the 1980s can be attributed to
Undiscounted Lease Payments
Lease payments made over the lease term without reducing them for interest or present value factors.
Lessees Disclosure
Information that lessees are required to make known, typically relating to the rights and obligations arising from leasing arrangements per accounting standards.
Initial Direct Costs
Expenses directly associated with obtaining a financing agreement or leasing contract.
Lease Expense
The cost incurred from leasing an asset, recognized in the income statement over the lease term as an operating expense for operating leases or as depreciation and interest for finance leases.
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