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Empirical studies have shown that astrology
Double Declining-Balance Depreciation
A method of accelerated depreciation which doubles the rate at which an asset’s book value depreciates compared to straight-line depreciation.
Annual Depreciation Expense
The portion of the cost of a fixed asset that is charged as an expense in a particular fiscal year, as a result of wear, tear, and obsolescence.
Straight-Line Depreciation
A method of calculating the depreciation of an asset by evenly spreading its cost over the expected life of the asset.
Asset Impairment Loss
A sudden write-down or devaluation of an asset to its fair market value which is lower than its currently recorded cost, reflecting unexpected decreases in value.
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