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9 Cards in this Set
- Front
- Back
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Remaining useful life
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Net investment in fixed assets / Annual depreciation expense
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Effective tax rate
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Income tax expense / pretax income
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Income statement effects of lease classification: Operating expenses
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Finance Lease: Lower
Operating Lease: Higher |
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Income statement effects of lease classification: Nonoperating expenses
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Finance Lease: Higher
Operating Lease: Lower |
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Income statement effects of lease classification: EBIT (operating income)
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Finance Lease: Higher
Operating Lease: Lower |
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Income statement effects of lease classification: Total expenses - early years
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Finance Lease: Higher
Operating Lease: Lower |
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Income statement effects of lease classification: Total expenses - later years
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Finance Lease: Lower
Operating Lease: Higher |
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Income statement effects of lease classification: Net income - early years
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Finance Lease: Lower
Operating Lease: Higher |
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Income statement effects of lease classification: Net income - later years
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Finance Lease: Higher
Operating Lease: Lower |
