And amortizing really just means spreading out the cost of this asset, just like depreciation was spreading out the cost of a physical asset.

Depreciation is tangible.

So we have this depreciation value. This is the truck depreciation.

Instead of retooling I'll call that depreciation.

That's what depreciation does.

Well, you know depreciation, man.

Does depreciation of the yen give rise to inflation?

This is all a review of the depreciation video.

So the depreciation in each of these periods is 20,000.

So instead of putting 500,000 there, the depreciation is minus 250,000.

So for example, depreciation, this was factory equipment, and it gets old as I use it, so I spread out its cost.

Really, in my mind, it's very similar to depreciation.

Cost of Goods Sold.

The cost of blood.

The cost of flying overseas has risen with the cost of fuel.

Cost of goods sold, well that's just the cost of the goods sold.

You'll often hear the words depreciation and amortization used together.

The fact that this machine right here that cost 50,000 is used for in this example, in the depreciation video, it was usable for two years.

It's a matter of cost.

Cheap meaning sort of the cost of the military, not the cost of medical care.

Similarly today in the West you're seeing the problem of entitlement the cost of social security, the cost of Medicare, the cost of Medicaid.

Cost

Cost

Cost

So it'll sometimes be written as cost of sales or cost of goods sold.

Now that includes the cost of military and the cost of the fuel both.

And then my cost of cupcakes, or my cost of goods sold, is what?

So the cost of the propellant is about .3 percent of the cost of the rocket.

And if we did our depreciation schedule right, or if the

What we expect to offer with this technology, is significant reduction in the cost by reducing the cost of financing, the cost of materials, and of course, significantly reducing the cost of labor.

Usually, actually, cost of goods or cost of services is what you'll see most often.

And then we have depreciation, and we want to think a little bit in this video, what does the depreciation do to the cash flow statement?

The cost of life increased drastically.

Please advise me of the cost.

The cost of living has risen.

He left cost out of account.

The cost of living increased dramatically.

Instead of pricing based on cost,

The cost of motion is 1.

The cost of treatment, 20,000 dollars.

Cost of development 300 million dollars.

There is a cost of compression.

And cost is one of them.

It's the cost of business, yo.

What are fix cost? What are variable cost? Are their economies of scale?