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What is BMI rebound?
Residual Value
Estimated value of an asset after all the allowable depreciation has been taken.
Useful Life
At the time an asset is acquired, an estimate is made of its usefulness in terms of years, output, and so forth.
Office Equipment
Assets like computers, printers, and furniture used in an office to perform business operations.
Units-Of-Production
A depreciation method that allocates cost based on the units produced by an asset over its useful life.
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