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Integrative negotiation is generally better than distributive negotiation.
Residual Value
The estimated amount that an asset is expected to realize upon its disposal at the end of its useful life.
Annual Depreciation
The portion of the total cost of a tangible asset that is expensed each year over its useful life.
Book Value
A rephrased definition: The net value of an asset or liability recorded on the financial statements, factoring in depreciation, amortization, and impairment, but not necessarily indicative of market value.
Activity-Based Method
An accounting method that assigns costs to products or services based on the activities and resources that go into producing them, to more accurately reflect the costs associated with each product or service.
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