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Sample standard deviation is defined as the square root of the
Equipment Leased
Assets acquired for use over a specified period through a rental agreement, where ownership remains with the lessor.
Accumulated Depreciation
The cumulative depreciation of an asset up to a single point in its life, representing the wear and tear or obsolescence.
Operating Lease
A lease agreement that does not transfer the risks and rewards of ownership, treated as a rental expense in the lessee's income statement.
Direct Financing Lease
A type of lease where the lessor records the present value of lease payments as a receivable, effectively transferring all risks and rewards of ownership.
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