Topic No 704, Depreciation Internal Revenue Service
Companies can reduce asset deterioration and the resulting increase in depreciation costs by implementing preventive maintenance schedules and appropriate repair practices. Earnings before interest taxes, depreciation, and amortization (EBITDA) is another financial metric that is also affected by depreciation. EBITDA is an acronym for earnings before interest, tax, depreciation, and amortization. Analysts can look at […]
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