Examlex
Which of the following would be included in calculating net cash flows from financing activities?
CRA
Can refer to the Canada Revenue Agency, the agency responsible for the administration of tax laws for the Canadian government, or to the Community Reinvestment Act, a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities.
Bargain Purchase Option
A clause in a lease agreement that allows the lessee to purchase the leased asset at the end of the lease term for a price that is significantly lower than the expected market value.
Residual Value
The estimated value that an asset will have at the end of its useful life, often used in calculating leases and depreciation.
Financial Lease
A type of lease in which the lessee has use of the asset for most of its useful life, and the lease terms closely resemble the terms of a purchase agreement.
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