The age beyond which an asset’s growth rate is unacceptable or less than the owner’s minimum acceptable rate of return; can refer to a forest (timber and land combined) or to individual trees. Assets at or beyond this age are financially mature.
The age beyond which an asset’s growth rate is unacceptable or less than the owner’s minimum acceptable rate of return; can refer to a forest (timber and land combined) or to individual trees. Assets at or beyond this age are financially mature.