Examlex
A many-to-many relationship may be implemented using three tables.
Salvage Value
The estimated residual value of an asset at the end of its useful life, often considered for depreciation calculations.
Lease Payments
Regular payments made by a lessee to an lessor for the use of an asset over a specified period.
MACRS 3-Year Class
A category used in the Modified Accelerated Cost Recovery System (MACRS) for tax depreciation, covering assets with a useful life of 3 years.
Net Advantage To Leasing
The financial benefit that results from leasing an asset instead of purchasing it, considering all costs and benefits.
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