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Match Each Statement with the Correct Item Below

question 10

Multiple Choice

Match each statement with the correct item below:
-lubricant ointment


Definitions:

Present Value

The amount of money that, if invested today, would grow to a designated future amount. Discounted value of future cash flows.

Straight-Line Depreciation

Depreciation method in which the amount taken to depreciation expense each year is constant and equal to 1/n times the depreciable amount, where n is the depreciable life of the asset.

Salvage Value

The estimated residual value of an asset at the end of its useful life.

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