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Joe Fresh moved its creativity in-house from an agency in order to:
Double-Declining-Balance
An accelerated method of depreciation which doubles the straight-line depreciation rate, applying it to the declining balance of the asset's cost.
Depreciation Journal Entry
An accounting record that reflects the allocation of the cost of a tangible asset over its useful life.
Depreciable Cost
The total cost of an asset that is subject to depreciation over its useful life, excluding salvage value.
Double-Declining-Balance Rate
A method of accelerated depreciation which doubles the rate at which an asset’s book value is depreciated compared to straight-line depreciation.
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