Examlex
Headers and footers typically contain information such as the title of the document, the date, the name of the author, and the current page number.
Accumulated Depreciation
The cumulative amount of depreciation expense that has been recorded against a fixed asset since it was acquired and put into use.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, indicating the ownership equity spread among shareholders.
Fixed Asset Turnover Ratio
A performance metric that measures a company's efficiency in using its fixed assets to generate sales, calculated as net sales divided by the average net fixed assets.
Depreciation Expense
An accounting method that allocates the cost of a tangible asset over its useful life, reflecting its consumption or wear and tear.
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