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In 2003 the U.S. Army discovered Saddam Hussein hiding in a "spider hole" under a small building in his hometown, Tikrit. The army had tracked him to that location not by looking for him directly, but rather by creating a large "map" that displayed all the members of his family and tribe, showing their links to other people. Starting with just four names, the map allowed army intelligence to zero in on a small number of people whose relationships with Hussein made it more likely that they would know where he was. The search for Saddam Hussein demonstrated the practical applications of:
Fully Depreciated
The status of an asset after its cost has been completely allocated over its useful life, leaving it with no book value.
Book Value
The net value of a company's assets minus its liabilities, as recorded on the balance sheet.
Special Acquisition Fees
Charges or expenses directly associated with the acquisition of a new business, property, or significant asset, often unique and non-recurring.
Cost Basis
The original value or purchase price of an asset or investment for tax purposes, used to calculate capital gains or losses upon sale.
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