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Straight-Line Depreciation
A mechanism for spreading the expenditure of a tangible asset over its longevity in equal annual fractions.
Interest Payments
The regular payments made by a borrower to a lender as compensation for the use of borrowed money, usually calculated as a percentage of the outstanding principal.
CCA Class
In the context of Canadian taxation, refers to the categorization of depreciable property for the purpose of calculating capital cost allowance (tax deductions for depreciation).
Manufacturing Costs
Expenses directly related to the production of goods, including raw materials, labor, and factory overhead.
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