Straight Line Depreciation

COMPUTE STRAIGHT LINE DEPRECIATIONSCENARIO:
  • You recently purchased an asset for your business operations.
  • You expect it to be useful for a certain span of time.
  • At the end of its useful life, you intend to sell it as second-hand.
  • How much is its depreciation and what is its book value today?
Select your desired monetary unit.
The cost of purchasing the new asset. (i.e. 572,000)
The span of time that the asset has been in use, measured in months for accuracy. (i.e. 10)
The total number of months that the asset will yield useful output for your business. (i.e. 60)
The worth of the asset after it has been exhausted of its usefulness. (i.e. 0)