Asset Depreciation Range System

 

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Asset Depreciation Range System

A range of depreciable lives the IRS allows for particular classes of assets.



Asset Depreciation Range System

Similar Matches

Earnings before interest, taxes, depreciation, and amortization (EBITDA)

Earnings before interest, taxes, depreciation, and amortization (EBITDA)

A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest and income taxes. Depreciation and amortization expenses are not included in the costs.


Depreciation

Depreciation

The charge in a company's accounts which reflects the reduction in value of an asset over time as its useable life is exhausted.Depreciation is charged before calculation of profit, on the grounds that the use of capital assets is one of the costs of being in business and one of the contributors to profit.There are two main methods of depreciation:Straight line: the residual (scrap) value of the asset is deducted from its original cost, and the resultant figure is divided by the estimated life of the asset. The result of that is deducted annually over the life of the asset. So an asset that costs 10,000 and that has a residual value of 200 with a useable life of 4 years is depreciated by 2450 per year.Reducing balance: the amount of annual depreciation is a constant proportion of the cost of the asset.Depreciation has no effect on cash flow. It is just an accounting procedure.


Double declining balance depreciation method (DDB)

Double declining balance depreciation method (DDB)

An accounting methodology in which depreciation is accelerated to twice the rate of annual depreciation by the straight-line method.


Depreciation

Depreciation

(1) Decrease in value to real property improve-ments caused by deterioration or obsolescence. (2) A loss in value as an accounting procedure to use as a deduction for income tax purposes.


Real appreciation or depreciation

Real appreciation or depreciation

A change in the purchasing power of a currency.


Further Suggestions

Double declining balance depreciation
Depreciation
Earnings before interest, taxes, and depreciation (EBITD)
Straight line depreciation
Declining Balance Method Of Depreciation
Depreciation tax shield
Sum of the years digits depreciation
Recapture Of Depreciation
Capital depreciation
Currency depreciation
Book Depreciation
Accrued Depreciation
Capital appreciation or depreciation
Double Declining Balance Method Of Depreciation
Currency depreciation


 
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