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Some recent studies have concluded that
Equipment Cost
The total expense incurred from acquiring equipment including purchase price, transportation, installation, and any other costs to make the equipment operational.
Double-Declining-Balance Method
An accelerated depreciation technique that depreciates assets faster than traditional straight-line depreciation.
Straight-Line Depreciation
Method that allocates the depreciable cost of an asset in equal periodic amounts over its useful life
Book Value
The net value of a company's assets as found on its balance sheet, calculated by subtracting total liabilities from total assets.
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