MACRS is better because it allows you to take bigger deductions in the early years of the project which is a time value benefit.
Following are different methods of depreciation: 1 - Straight line method 2 - Diminishing balance method 3 - Double declining method 4 - Sum of years method 5 - MACRS
Straight line depreciation method is that method in which fixed amount of depreciation is charged to all fiscal years in which that asset is used.
Straight line depreciation method is that method in which fixed amount of depreciation is charged to all fiscal years in which that asset is used.
Formula for straight line depreciation is as follows: Depreciation = (Cost of asset - salvage value) / useful life of asset
The formula for a straight line depreciation method is the Cost minus the Salvage Value over the Life in Number of Periods which will equal Depreciation.
straight line method
Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.
Straight line
The straight-line depreciation method allocates the cost of an asset evenly over its useful life, while the declining balance method applies a fixed depreciation rate to the asset's declining book value each year. Straight-line method results in equal annual depreciation expenses, while declining balance method typically yields higher depreciation expenses in the early years of an asset's life.
Straight line
the straight line method
every person can calculate depreciation easily