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Discuss the three commonly viewed phases within the diagnostic process.
Salvage Value
An asset's anticipated value at the end of its operational life, as estimated.
Straight Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
Average Accounting Rate of Return
A method to estimate the profitability of investments, calculated by dividing the average annual profit by the initial investment cost.
Straight-Line Depreciation
A scheme for dividing the expenditure of a solid asset over its life span in equal yearly quotas.
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