Examlex
Which of the following is not true of micronutrients in plants?
Fair Value
The proceeds from selling an asset or the outlay to relocate a liability in a planned interaction among market stakeholders on the benchmark date.
Capital Lease Disclosures
Financial reporting requirements that detail the specifics of lease agreements classified as capital leases, including future payment obligations and interest expenses.
Lessees
Parties that obtain the right to use an asset for a specific period in exchange for payment, under a lease agreement.
Implicit Interest Rate
The rate that equates the present value of lease payments and any unguaranteed residual value to the fair value of the leased asset.
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