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What are the characteristics of two species with a distant evolutionary relationship?
Resale Value
The estimated value or price at which an asset or item can be sold again in the future.
Equipment
Tangible property used in operations, such as machinery, computer hardware, and vehicles.
Double-Declining-Balance
A method of accelerated depreciation where the book value of an asset is reduced at double the rate of its straight-line depreciation.
Scrap Value
The estimated resale value of an asset after its useful life is over.
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