Examlex
Capital is a factor of production.Which of the following is an example of capital?
i.$1,000 in money
ii.100 shares of Microsoft stock
iii.$10,000 in bonds issued by General Motors
iv.A drill press in your local machine shop
Lessor's Tax Rate
The tax rate applicable to the income earned from leasing assets or property by the lessor.
Capital Lease
A lease agreement that is classified as a purchase by the lessee for accounting purposes, because it transfers substantially all the risks and rewards of ownership.
Present Value
The current worth of a future sum of money or stream of cash flows, given a specified rate of return.
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