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Kepler's Impact: In four years of operation, the Kepler satellite discovered nearly three times as many extrasolar planet candidates as had been discovered in the previous 15 years (since the first discovery of an extrasolar planet). Discuss how these observations changed our understanding of the population of planets and of planet formation.
Stockholders' Equity
Represents the owners' claims on the assets of a corporation, calculated as total assets minus total liabilities.
Residual Value
The projected amount an asset is expected to yield when sold at the conclusion of its useful life.
Double-Declining-Balance
An accelerated method of depreciation where an asset’s book value is reduced at double the rate of its straight-line depreciation.
Units-Of-Activity
A depreciation method that allocates the cost of an asset over its useful life based on its usage or activity levels, rather than time.
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