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When the interest rate changes,
Profit
The amount of revenue that remains after deducting the expenses, taxes, and costs associated with generating that revenue.
Operating Leases
Leases where the lessor retains substantial risks and rewards of ownership of the asset while leasing it to the lessee.
Note Disclosure
Informative notes accompanying financial statements, explaining the basis of preparation and detailing specific accounting policies.
Capital Lease
A long-term lease agreement that is classified as a purchase by the lessee for accounting purposes because it effectively transfers substantially all the risks and rewards of ownership.
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