1. economic theory
... than equity capital, being of lower risk and therefore having a lower rate of return together with tax deductable interest payments, are commonly experienced by managers of small companies. As an epilogue, an alternative to borrowing, the economic value of leasing is calculated by discounting the incremental cashflows of the lease over the borrowing alternative. In addition to the taxation benefits, leasing ... ...
- Word Count: 2043
- Approx Pages: 8
- Has Bibliography
- Grade Level: Undergraduate