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What Is the Straight Line Method?

By Anders Bylund – Updated Nov 13, 2024 at 9:26AM

Key Points

  • The straight line method spreads asset costs evenly over its lifespan, aiding budget forecasts.
  • Its simplicity is favored by many tax authorities, making it a widely used accounting tool.
  • Businesses using this method enable clearer financial health evaluations for investors.
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