Examlex
The cost recovery period for 3-year class property is 4 years.
Return On Investment
A measure used to evaluate the efficiency or profitability of an investment compared to its initial cost.
Cost-Plus Pricing
A pricing approach that involves adding a consistent percentage or fixed sum to the production cost of a product or service to set its sale price.
Absorption Cost
A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
Return On Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit from an investment by the cost of the investment.
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