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Factory Depreciation
The allocation of the cost of a factory's physical assets over its useful life, recognizing the assets' wear and tear, deterioration, or obsolescence.
Property, Plant, and Equipment
Long-term tangible assets owned by a business, used in its operations to generate income, usually including buildings, machinery, and vehicles.
Net Operating Income
An indicator of a firm's earnings derived from its primary, ongoing business activities, not taking into account the subtraction of interest and taxes.
Retained Earnings
The portion of a company's profits that is saved or retained for reinvestment in the business, rather than being paid out as dividends to shareholders.
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