An asset is something that is expected to yield a benefit in a future period. If an asset is expected to be entirely consumed within the current period, then it is instead charged to expense…

The return on total assets compares the earnings of a business to the total assets invested in it. The measure is intended to discern whether management can effectively utilize assets to generate a reasonable return.…

Straight line amortization is a method for charging the cost of an intangible asset to expense at a consistent rate over time. This method is most commonly applied to intangible assets, since these assets are…