Examlex
Soil scientists use relative amounts of sand,silt,and clay to classify soils.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life uniformly.
Net Advantage to Leasing
The total financial benefits of leasing an asset, compared to purchasing it, taking into account all costs and savings.
Lease Payments
Regular payments made by a lessee to a lessor for the use of a leased asset.
CCA Rate
The percentage rate used in Canada to calculate capital cost allowance, which is a deductible expense for tax purposes on the depreciation of assets.
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