Examlex
What was the name of the man who shot JFK's assassin, Lee Harvey Oswald?
Depreciable Cost
The total cost of a tangible asset that is subject to depreciation, excluding salvage value, to allocate over the asset's useful life.
Depreciation Rate
The percentage rate at which an asset is depreciated across its useful life, affecting the value of the asset on the balance sheet over time.
Straight-Line Method
A method of calculating depreciation by dividing the cost of an asset, minus its salvage value, by its useful life.
Residual Value
The estimated scrap or salvage value of an asset at the end of its useful life.
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