Examlex
Which of the following characterized the new cities in South Asia around 500 BCE?
Capital Gain/Loss
The profit or loss made from selling an asset for more or less than its purchase price.
Depreciates
The process by which an asset loses value over time, often due to wear and tear, age, or obsolescence, impacting its useful life.
Straight Line
A method of calculating depreciation of an asset which assumes equal annual depreciation over the asset's useful life.
Salvage Value
The estimated resale or scrap value of an asset at the end of its useful life.
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