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A compass needle in a magnetic field
Double-declining-balance
An accelerated depreciation method that doubles the normal depreciation rate.
Salvage Value
The estimated residual value of an asset at the end of its useful life, representing what it could potentially be sold for or scrapped.
Book Value
The net value of a company's assets minus its liabilities and intangible assets, often used to determine a company's actual value.
Double-declining-balance
A method of accelerated depreciation where the depreciation expense decreases over time, doubling the rate of straight-line depreciation.
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