Examlex
The result of =RIGHT("Texas",2)is ________.
Residual Value
The estimated value that an asset will realize upon its sale at the end of its useful life, after deducting the cost of disposal.
Service Life
The expected duration or period an asset is considered useful and productive for its intended purpose.
Impairment Loss
A reduction in the recoverable value of an asset, below its carrying amount on the balance sheet, leading to a write-down of the asset's value.
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