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Depreciation

Straight-Line Depreciation

Straight-Line Depreciation

Annual depreciation expense is equal to the original cost of the asset minus its salvage value, divided by the useful life of the asset.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Depreciation."
    http://en.wikipedia.org/wiki/Depreciation Wikipedia GNU FDL.

Related Terms

  • amortize
  • salvage value
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