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The concept of who gets to control resources,make decisions and allocate profits is known as:
Class Life
The expected useful lifetime of a fixed asset, which determines the depreciation rate for tax and accounting purposes.
Depreciation
The accounting process of allocating the cost of a tangible asset over its useful life to reflect its decrease in value over time.
After-Tax Cash Flow
After-tax cash flow is the net cash flow generated from business activities after accounting for taxes, indicating the actual cash a company has on hand after tax obligations.
Capital Asset
A long-term asset that is not purchased or sold in the normal course of business but is used to generate wealth through investment or appreciation.
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