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By exploiting internal resources and capabilities and meeting the demanding standards of global competition, firms create value for customers.
Depreciation
Depreciation is the accounting process of allocating the cost of tangible assets over their useful lives, representing how assets lose value over time.
Carrying Value
The book value of assets and liabilities recorded in the financial statements, often differing from the market value.
Net Realizable Value
The estimated selling price in the ordinary course of business minus the costs of completion, disposal, and transportation.
Accounts Receivable
The sum of money a company is entitled to receive from its customers for goods or services already delivered or used but not yet paid for.
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