Examlex
In a correctly balanced equation, the number of reactant molecules must equal the number of product molecules.
Allowable Depreciation
The deduction a company can take over the useful life of an asset, as determined by tax laws, to account for wear and tear.
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
Resale Value
The expected amount that an item or asset can be sold for at a future date, taking into account depreciation and market demand.
Sum-Of-The-Years-Digits
An accelerated method of depreciation which calculates annual depreciation by multiplying an asset's cost by a fraction that decreases year by year.
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