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The Paleoproterozoic shift at about 1.85 billion years ago from banded-iron formations to red beds signals the
Capital Lease
A type of lease classified as a financial transaction where the lessee records the leased asset as their own property in their financial statements.
Interest Revenue
Income earned by a company for lending its money or other assets to another entity.
Sales-Type Lease
A sales-type lease is a financing arrangement where the lessor recognizes immediate profit on the assets leased, similar to a sale.
Present Value
Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.
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