Examlex
What is the regression equation?
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting its decrease in value over time.
Straight-line Depreciation
A method of allocating the cost of a tangible asset over its useful life evenly.
Total Asset Turnover
An efficiency ratio indicating how well a company's assets are used to generate revenue from sales.
Average Total Assets
The average value of all the assets a company owns over a specific time period, calculated by adding the beginning and ending assets and dividing by two.
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