Terms:
Accelerated depreciation
Goodwill
patent
EBITDA
Net book value
Fixed assets
straight line depreciation
residual value
trademark
definitions:
a tax law dealinf with how companies can depreciate their assets.
an intangible asset that represents the calue of unidentifiable assets acquired.
assets whose values do not change over time.
Names or images that appear with a R or TM.
Net income plus interst, taxes, depreciation and amortization expenses.
tangible long lived assets.
the acquisition cost of an asset minus its accumulated depreciation.
the estimated total hsed a company expects to receive from an asset.
the wxclusive right to sell or use a product of process that is granted to encourage innovation.
what a company expects to receive when am asset is disposed of at the end of its useful life.
when a company allocates the cost of a long-lived asset at a higher rate in the first years of use.
when a company expenses the cost of a long-lived asset by a constant annual amount.
when a company expenses the entire coat of a long-lived asset in the first year of use.
when a company receives free publicity in return for charitable contributions.
