Examlex
Given an infinite sequence , … the sum of the terms of the sequence is called an
infinite________ . The notation is called the nth ________ ________of the sequence and is called a finite series.
Minimum Lease Payments
The lowest amount that a lessee is expected to pay over the lease term for the right to use an asset.
Current Ratio
The current ratio is a liquidity metric that evaluates a company's ability to pay off its short-term liabilities with its short-term assets.
Capital Lease
A lease agreement in which the lessee records the leased asset as if it were purchased.
Operating Lease
A contract in which the ownership of the asset remains with the lessor while the lessee has the right to use the asset, without the option to purchase, for a certain period.
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