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What is the approximate variance of returns if over the past three years an investment returned 8.0 percent, -12.0 percent, and 15.0 percent?
CCA Depreciation
Capital Cost Allowance, a system in Canada that determines how a business can claim depreciation on tangible capital assets for tax purposes.
FIFO
"First In, First Out," an accounting method for valuing inventory where the oldest items are sold first.
Straight-Line
A method of calculating depreciation of an asset which assumes the asset will lose an equal amount of value each year.
Sunk Cost
Costs that have already been incurred and cannot be recovered or changed, and thus should not affect future business decisions.
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