Modified accelerated cost recovery system in economics and finance

268 views Feb 5, 2024

Hello everyone! Today, we're going to explore the Modified Accelerated Cost Recovery System, commonly known as MACRS. In the realm of economics and finance, MACRS is a method used to recover the cost of tangible assets over their useful life. It's an essential tool for businesses, as it allows them to account for the depreciation of their assets and factor it into their financial planning.

#Asset & Portfolio Management
#Business Services
#Debt Management
#Economics
#Physical Asset Management