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If the absolute value of the price elasticity of demand is greater than 1:
Note Disclosure
A detailed explanation added to financial statements providing additional context or information about the statements.
Future Cash Flows
Projections of cash revenues minus cash expenses, representing the amount of money a company expects to receive or pay out over a specific period.
Capital Lease
A lease agreement in which the lessee essentially buys an asset and pays for it over time, classifying the lease as a financial transaction in the balance sheet.
Operating Lease
A contract that allows for the use of an asset but does not convey rights of ownership of the asset.
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