Examlex
Short-term considerations in determining capacity requirements include:
Financing Lease
A lease in which the lessee effectively acquires ownership of the leased asset. Also called a capital lease. Accounted for by showing the leased asset on the balance sheet offset by a liability representing the obligation to make future lease payments. Compare with Operating lease.
Balance Sheet
An accounting report displaying the financial condition of a business, including what it owns, owes, and the equity held by shareholders on a given date.
Leases
A contractual arrangement where a lessee (user) pays the lessor (owner) for the use of an asset for a specified period of time.
FASB
Financial Accounting Standards Board. The body within the accounting profession that sets rules and standards for the form and content of financial statements.
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