Group depreciation


Method of depreciation where a single average depreciation rate is applied to a group of similar assets with similar service lives. See also Composite depreciation.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Acid test ratio

Also called the quick ratio, the ratio of current assets minus inventories, accruals, and prepaid items to current liabilities.

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