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What techniques can a manager use to become better communicators?
Guaranteed Salvage Value
The minimum value for which an asset can be sold at the end of its useful life, as guaranteed by a contract or agreement.
Depreciation Expense
The allocated portion of the cost of a fixed asset over its useful life, recognized as an expense on the income statement.
Sales-Type Lease
A financing arrangement in leasing, where the lessor recognizes immediate sales revenue and profit on the leased asset.
Direct Financing Lease
A leasing arrangement where the lessor purchases an asset and leases it out, recognizing interest income over the lease term.
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