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Salvage Value
The expected sale value of an asset upon reaching the end of its serviceable life.
Units-Of-Activity Method
Depreciation method in which useful life is expressed in terms of the total units of production or use expected from an asset.
Depreciation Expense
The allocation of a tangible asset's cost over its useful life to account for declines in value over time.
Salvage Value
The anticipated recovery value of an asset when it no longer has usable life.
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