Examlex
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Average Fixed Assets
The mean value of a company's fixed assets, like plant and equipment, calculated over a specific period of time.
Double-Declining Balance Method
A method of accelerated depreciation calculating an asset's loss of value at double the rate of the straight-line depreciation method.
Depreciation Expense
The allocated amount of an asset's cost that is written off as an expense over its useful life, reflecting the consumption of the asset.
Residual Value
The estimated amount that an asset will be worth at the end of its useful life.
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