Examlex
Researchers who have analyzed IQ scores of adopted twins have found that identical twins are more like one another in IQ than fraternal twins are. They also have found that IQs of adopted children are more strongly correlated with the IQs of their biological parents than with the IQs of their adoptive parents. These research results suggest
Fixed Asset
Long-term tangible assets used in the operations of a business that are not expected to be converted to cash in the short term.
Book Value
The net value of an asset or company, calculated by subtracting liabilities from assets and often used to assess the worth of tangible assets on balance sheets.
Depreciable Asset
An asset subject to depreciation, representing its decline in value over time due to use or obsolescence.
Useful Life
Useful Life is an accounting estimate of the time period a tangible asset is expected to remain functional and economically viable for its intended purpose.
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