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Expert witness testimony is often provided:
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life to reflect its decrease in value over time.
Store Equipment
Fixed assets specifically purchased for use in a retail store setting, such as shelving, cash registers, and display units.
Raw Materials
Basic materials that are used in the initial stages of the production process, which will be transformed into finished goods.
Inventory
The goods and materials held by a business for the purpose of sale, manufacturing, or production.
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