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There is an IRS rate on irs.gov. However, the real value--were you to sell it right now--would be what someone would pay for it. You most likely would get 25-33% of the price you paid for it. That is because retail is 100% markup. So, couches, for instance, are rarely more than about $125 at thrift stores. It doesn't pay to inflate these costs for either party.
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What is rate of depreciation on machinery in India?
12%
User cost of capital?
costs generated by using capital at a certain time for a certain investment, variables which influence these costs are the real interest rate, depreciation rate and costs of capital in the future
Accumulated depreciation and depreciation expense?
Using accumulated depreciation and depreciation expense is a way that businesses can realize the true value of assets. A piece of equipment, for example, is devalued every year by the process of amortizing the asset. This in turn is recorded as depreciation and depreciation expense.
What are the basic method of depreciation?
http://en.wikipedia.org/wiki/Depreciation#Straight-line_depreciation
What is the normal balance of accumulated depreciation?
the normal balance of accumulated depreciation is "credit"
What is the rate of depreciation of air conditioner as per income tax act?
10% is the rate of depreciation on air condition
What is the rate of depreciation of refrigerator?
What is the rate of depriciation on refigerator
What is the Rate of depreciation on refrigerator?
What is the rate of depriciation on refigerator
Depreciation on Fixed Asset is a operating expenses or not?
Depreciation on Fixed Asset (Furniture, Building) are considered as Non-Current Assets
Accelerated depreciation method?
Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.
What Is the rate of Depreciation as per companies act 1956 on computer server?
The Rate of Depreciation on Computer as per Companies Act is 40%
What is rate of depreciation on machinery in India?
12%
If the 150 percent declining balance method is used and an asset has a useful life of 20 years what is the depreciation rate?
Depreciation rate = 1/Useful life * 100 * 1.5 1/20 = 0.05 0.05*100*1.5 = 7.5 Depreciation rate is 7.5%
What are the advantages and disadvantages of depreciation?
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.
How do you calculate depreciation using Written Down Value Method?
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.
What is the depreciation rate for a sign on a building?
Seven years
What is included on the Monroney sticker?
The vehicle's rate of depreciation
