Examlex
If taken correctly, the effect of ART is to:
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life uniformly.
After-Tax Discount
The reduction or deduction from the gross amount on which tax has already been calculated and deducted.
Working Capital
The gap between a firm's current assets and its current liabilities, signifying the available liquidity for operating its business activities.
Incremental Sales
The additional revenue generated from an increase in sales activities or volume above a baseline level.
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