Chapter 12 Crossword

a contract in which the owner of an asset
conveys to another party
the right to use that asset
a fee that is usually paid in installments
mutually unperformed contracts
safety measures to protect banks against the borrower’s financial deterioration
used by the SEC to lease accounting
non capitalized leases
represent the costs of using assets
the difference between the total minimum lease payments plus unguaranteed residual value and the fair value of the leased asset
exists when the lessor is a manufacturer or dealer
exists when the lessor is a financial institution
refers to the phenomenon whereby a small change in sales triggers a relatively large change in operating income
Calculating the Degree of Operating Leverage
the percentage of change in earnings before interest and taxes
a bond that can be cashed in before maturity at the option f the bonds owner
used by the SEC to lease accounting
safety measures to protect banks against the borrower’s financial deterioration
is any collection of assets managed as a group
a measurement of risk
the probability of an unexpected outcome
the amount a firm would pay if it bought an item
predicting future results
companies that consistently earn rates of return above the floor
refers to the company’s short-term ability to generate cash for working capital needs and immediate debt repayment needs