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.
12%
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
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.
http://en.wikipedia.org/wiki/Depreciation#Straight-line_depreciation
the normal balance of accumulated depreciation is "credit"
10% is the rate of depreciation on air condition
What is the rate of depriciation on refigerator
What is the rate of depriciation on refigerator
Depreciation on Fixed Asset (Furniture, Building) are considered as Non-Current Assets
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%
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.
Seven years
The vehicle's rate of depreciation
15%