Examlex
Cancer is:
Fixed Asset
Fixed asset, also known as a non-current asset, is a long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income.
Useful Life
The estimated duration an asset is expected to be used in business operations, impacting depreciation calculations.
Residual Value
The estimated amount that an asset is worth at the end of its useful life.
Net Income
What a company ultimately makes, after subtracting everything it spends including taxes and costs, from the revenue it generates.
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