Examlex
Increases in ROE solely due to rising debt levels (that is, a rising equity multiplier) are generally viewed favorably.
Depreciation
The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value over time due to usage, wear and tear, or obsolescence.
Accumulated Depreciation
The total depreciation amount that has been charged against a fixed asset's cost over its useful life to reflect wear and tear.
Equipment
Tangible property owned by a business used in operations, such as machinery, vehicles, or computers.
Balance
The difference between the total debits and credits in an account, or the equilibrium between two opposing forces or aspects.
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