Examlex
Linking a Web page to an external data file is known as ______________________.
Salvage Value
The estimated residual value of an asset at the end of its useful life, reflecting what the asset can be sold for or its scrap value.
Capital Lease
A lease agreement in which the lessee records the leased asset as an asset in its balance sheet, and the lease payment obligations as liabilities.
Incremental Borrowing Rate
The interest rate a lessee would have to pay to borrow on a collateralized basis over a similar term for an amount equal to the lease payments.
Implicit Interest Rate
The rate of interest implied in the lease payments or in other financial arrangements, not explicitly stated.
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