Examlex
The scientist given credit for devising the binomial naming system is:
Straight-Line Depreciation
A technique for distributing the expense of a physical asset evenly across its lifespan in yearly increments.
Depreciation Expense
An accounting method of allocating the cost of a tangible asset over its useful life to account for declines in value.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was acquired, reducing its book value on the balance sheet.
Working Capital
The difference between a company's current assets and current liabilities, indicating short-term financial health and operational efficiency.
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