Examlex
What is green chemistry?
Double-Declining-Balance
An accelerated depreciation method that doubles the rate at which an asset's book value is reduced compared to straight-line depreciation.
Scrap Value
A projection of the sale price for an asset at the point where it ceases to have utility.
Truck
A large motor vehicle designed for transporting goods by road.
Sum-Of-The-Years-Digits
A method of depreciation that accelerates costs based on the premise that an asset is more productive in its earlier years than its later years.
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