Given below are three ratios calculated for Hall,Link,and Dollar Companies for 2012 and 2011.
Definitions:
Lease Transaction
An agreement where a lessor allows a lessee to use an asset in exchange for payment over a predetermined period.
Capital Lease
A lease classified as an asset purchase for accounting purposes, where the lessee assumes some of the risks and benefits of ownership.
Lease Term
The period during which a lessee has the right to use an asset, as stipulated in a lease agreement.
Economic Life
The estimated period over which an asset is expected to be economically useful to one or more users.
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