Chapter9terms - Accelerated-depreciation method...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Accelerated-depreciation method Depreciation method that produces higher depreciation expense in the early years than in the later years. Additions and improvements Costs incurred to increase the operating efficiency, productive capacity, or useful life of a plant asset. Amortization The allocation of the cost of an intangible asset to expense over its useful life in a systematic and rational manner. Asset turnover ratio A measure of how efficiently a company uses its assets to generate sales; calculated as net sales divided by average total assets. Capital expenditures Expenditures that increase the company's investment in productive facilities. Copyright Exclusive grant from the federal government that allows the owner to reproduce and sell an artistic or published work. Declining-balance method Depreciation method that applies a constant rate to the declining book value of the asset and produces a decreasing annual depreciation expense over the useful life of the asset. Depletion
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/21/2011 for the course ACCT 272 taught by Professor Mensah during the Fall '08 term at Rutgers.

Page1 / 2

Chapter9terms - Accelerated-depreciation method...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online