Examlex
Death of an entire organism is called somatic death.
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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