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Many species of insects undergo a state of arrested development in their life cycle to avoid desiccation or cold,referred to as
Net Income
The total earnings of a company after subtracting all expenses, including taxes and operational costs, from its total revenue.
Fixed Asset Account
An account on a company’s balance sheet that reports the cost and accumulated depreciation of assets with a useful life of more than one year.
Accumulated Depreciation
Accumulated Depreciation is the total amount of depreciation expense that has been recorded for an asset over its useful life, indicating the amount of value the asset has lost over time.
Book Value
The net value of a company's assets as found on its balance sheet, calculated by subtracting total liabilities from total assets.
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