September 2003
Intermediate to advanced
1056 pages
30h 58m
English
Content preview from Microsoft® Office Excel 2003 Inside Out
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Calculating Depreciation
Depreciation has an enormous effect on the bottom line of any business, and accurate calculation of depreciation is crucial if you want to avoid triggering a detailed scrutiny of your records by the IRS. These functions help you precisely determine the depreciation of an asset for a specific period. Table 16-2 lists the common arguments used in these functions:
Table 16-2. Depreciation Function Arguments
Argument | Description |
|---|---|
Cost | Initial cost of the asset |
Life | Length of time the asset will be depreciated |
Period | Individual time period to be computed |
Salvage | Asset's remaining value after it has been fully depreciated |
The SLN Function
The SLN function determines the straight-line depreciation for an asset for a single period. This depreciation ...
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