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Because Americans Are Working Longer Hours Without Increases in Real,disposable

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Because Americans are working longer hours without increases in real,disposable income,and are utilizing an army of communication devices to keep up with the demands in their personal and work lives,retailers are


Definitions:

Accounting Period

The specific period of time covered by financial statements, typically a year or a quarter, for which all financial transactions are recorded and reported.

Straight-line

A method of depreciation that allocates an equal expense rate to each year of an asset’s useful life.

Accelerated Methods

Depreciation methods that allocate more depreciation expense to the earlier years of an asset's life.

Depreciation

Strategically spreading out the cost of a tangible asset throughout its period of usefulness.

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