Examlex
A jet of water flowing from a hose at 15 m/s is directed against a wall.If the mass flow in the fluid stream is 4.3 kg/s,what force is the water applying to the wall if backsplash is negligible?
Capitalize
The process of recording an expenditure as an asset, rather than an expense, thereby spreading the cost over its useful life.
Bargain Purchase Option
A clause in a lease agreement that allows the lessee the option to purchase the leased asset at a price below its expected fair market value.
Executory Costs
Executory costs are the ongoing operating expenses in a lease agreement, such as insurance, maintenance, and property taxes, usually borne by the lessee.
Capital Lease
A lease treated as an acquisition of an asset and the incurrence of an obligation on the lessee's balance sheet, indicating a purchase and financing arrangement.
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