Examlex
Sociologist Max Weber used the term charisma to explain the sheer magnitude of the power wielded by leaders such as Hitler,Lenin,and Mussolini.Draw on the concept of power bases to explain charisma.
Scrap Value
The calculated resale value of an asset at the termination of its functional life.
MACRS Tables
Guidelines used in the United States for calculating depreciation deductions for tax purposes under the Modified Accelerated Cost Recovery System.
Allowable Depreciation
The deduction a company can take over the useful life of an asset, as determined by tax laws, to account for wear and tear.
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
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