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What is ColdFusion?
Average Total Assets
This is a measure used to evaluate a company's asset efficiency by calculating the average total assets over a specific period.
Straight-line Method
An approach to depreciation that distributes the total cost of an asset evenly across its expected lifespan.
Salvage Value
The predicted leftover value of an asset following the end of its usable period.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
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