Examlex
The _____ is a fine that is set high enough by the Federal Sentencing Guidelines for Organizations to match all the assets of an organization and effectively puts the organization out of business.
Capital Lease
A lease agreement considered similar to a purchase of the leased asset, showing both an asset and a liability on the lessee's balance sheet.
Contingent Rentals
Rental payments that are not fixed or determined upfront but depend on the occurrence of a future event or condition.
Accumulated Amortization
The total amount of amortization expense that has been applied to a fixed asset since its purchase.
Future Minimum Lease Payments
The total amount of payments that the lessee is expected to make under the lease agreement over its term.
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