Examlex
MacDonald says that if you are asked the question, "Where did you meet Bernard Shaw?" and you answer, "In a dream," then your answer would be silly because ...
Straight-Line
A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.
Discontinued Item
A component of a company's operations that has been disposed of or is held for sale, and its earnings are separated out on the income statement.
MACRS
Modified Accelerated Cost Recovery System, a method of depreciation for tax purposes in the United States that allows faster write-offs of assets.
Straight-Line
A method of calculating depreciation of an asset, which allocates an equal amount of depreciation to each year of the asset's useful life.
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