This study develops theoretical models of leasing from the perspectives of both the lessor and lessee. The models address effects of tax distortions and imperfect debt markets on the value of leasing. Analysis of the broiler industry shows that leasing is an important financing consideration for...

Linear and nonlinear cash breakeven analyses are applied to a pecan shelling firm to assess the feasibility of acquiring a long-term loan for operating capital. The linear analysis is used to find effects of varying volume under average price conditions. The nonlinear breakeven is developed and...