Examlex
List the two factors that the financial evaluation of investment centers must measure.
Net Sales
The amount of revenue generated by a company after deducting returns, allowances for damaged goods, and discounts.
Modified Accelerated Cost Recovery System (MACRS)
A tax depreciation system in the United States that allows for the accelerated write-off of property under various classifications.
Federal Income Tax
A tax levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Double-declining Balance
A method of accelerated depreciation where the asset’s book value is decreased at double the rate of traditional straight-line depreciation.
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