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Recoverable Amount
The higher of an asset's fair value less costs to sell and its value in use, indicating the maximum amount that can be recovered from an asset.
Financial Statements
Documents that provide an overview of a company's financial condition, including income statement, balance sheet, and cash flow statement.
Cash-generating Unit
The smallest identifiable group of assets that generates cash inflows largely independent of the cash inflows from other assets or groups of assets.
Average Tax Rate
The proportion of total income that an individual or corporation pays in taxes.
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