asked 130k views
3 votes
HELP To determine depreciation, you simply divide the cost of the asset by its

value to the company.

current market value.

useful life.

sentimental value.

asked
User JrBenito
by
8.0k points

2 Answers

6 votes

Answer:

useful life

Step-by-step explanation:

answered
User Yesbutmaybeno
by
8.6k points
7 votes

Useful life. Depreciation is calculated by the Cost - Residual Value (which can be zero) / Useful life of asset (number of years it will be good for).

Sentimental value and value to the company are subjective, not objective, measures of value. Current market value is subject to change.

answered
User Kyle Greenlaw
by
7.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.