August 2000
Beginner to intermediate
608 pages
17h 15m
English
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Name
DDB
Synopsis
Use DDB to determine the amount of depreciation for an asset during
the specified time frame. The depreciation is calculated using the
double-declining balance method as a default. You can specify a
different method by specifying a value for the
Factor argument.
To Calculate
=DDB(Cost,Salvage,Life,Period,Factor)
The Factor argument is optional and is
only required if you want to use a different factor to determine
depreciation. All of the other arguments are required.
-
Cost A numeric value that indicates the total amount paid to acquire the asset.
-
Life An integer value that indicates the number of periods that the asset will be depreciated over. For example, if you purchase a computer that will have a useful life of five years you would specify a value of
5for the Life argument.-
Period An integer value that indicates the period that you want to calculate the depreciation for, such as
2for the second year’s depreciation amount.-
Factor By default, the function uses a
Factorvalue of2for double declining balance depreciation. If you want to use a different factor to calculate the depreciation for the asset you can specify the factor here.
Example
Figure 12-5 allows you to compare the depreciation amount calculated for assets using DDB to the results of DB, SYD, and SLN.
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.