A new piece of equipment, with a life of eight years, costs $12000 to purchase. The end of life salvage value is $2000. What is the annual decrease in value with straight line (SL) depreciation?
A new piece of equipment, with a life of eight years, costs $12000 to purchase. The end of life salvage value is $2000. What is the annual decrease in value with straight line (SL) depreciation?
A new piece of equipment, with a life of eight years, costs $12000 to purchase. The end of life salvage value is $2000. What is the annual decrease in value with straight line (SL) depreciation?
A new piece of equipment, with a life of eight years, costs $12000 to purchase. The end of life salvage value is $2000. What is the annual decrease in value with straight line (SL) depreciation?
Definition Video Definition Accounting method wherein the cost of a tangible asset is spread over the asset's useful life. Depreciation usually denotes how much of the asset's value has been used up and is usually considered an operating expense. Depreciation occurs through normal wear and tear, obsolescence, accidents, etc. Video
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