Examlex
Write a value proposition for your favorite restaurant.
Double-Declining-Balance Method
A form of accelerated depreciation where an asset loses value at twice the rate of the traditional straight-line method.
Depreciation
Methodically dividing the cost of a tangible asset throughout its effective life.
Residual Value
The estimated amount that an asset will be worth at the end of its useful life, after it has been fully depreciated.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life evenly.
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