Examlex
In the accompanying figure, item 3 points to the ____.
Depreciation Expense
An accounting method that allocates the cost of a tangible asset over its useful life.
Fixed Assets
Long-term tangible assets used in the operations of a business, not expected to be converted to cash within a year.
Net Investment
The total amount of money spent on capital assets, such as buildings and machinery, minus any depreciation.
EBIT
Earnings Before Interest and Taxes, a measure of a firm's profit that includes all income and expenses (operating and non-operating) except interest and income tax expenses.
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