two wheeler-20% on wdv refrigerator-10%on slm
10% is the rate of depreciation on air condition
Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.
The Rate of Depreciation on Computer as per Companies Act is 40%
Seven years
What is the rate of depriciation on refigerator
two wheeler-20% on wdv refrigerator-10%on slm
10% is the rate of depreciation on air condition
Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.
The Rate of Depreciation on Computer as per Companies Act is 40%
12%
The annual depreciation for the refrigerator using the straight-line method would be calculated as follows: (Cost of the refrigerator - Estimated salvage value) / Useful life = ($198,500 - $30,500) / 15 years = $168,000 / 15 years = $11,200 per year.
Depreciation rate = 1/Useful life * 100 * 1.5 1/20 = 0.05 0.05*100*1.5 = 7.5 Depreciation rate is 7.5%
An advantage of depreciation is being able to have a tax deduction. A disadvantage is not being able to calculate the rate of depreciation for each year.
To calculate depreciation using the Written Down Value method, you start with the initial cost of the asset, subtract the accumulated depreciation from previous periods, then apply the depreciation rate to the remaining value. The formula is: Depreciation expense = (Beginning book value - Salvage value) x Depreciation rate. This method allows for higher depreciation expenses in the early years of an asset's life.
Seven years
The vehicle's rate of depreciation