Depreciation; Straight-Line Depreciation; Sum-Of-The-Years-Digits Depreciation - HP 12c User Manual

Depreciation

SBV
SAL
FACT
DPN
RDV
RBV

Straight-Line Depreciation

Keyboard function:
=
DPN
J
Program for partial first year:
=
DPN
1
=
DPN
J
DPN
L + 1

Sum-of-the-Years-Digits Depreciation

SOYD
k
where W = integer part of k
(i.e., for k = 12.25 years, W = 12 and F = 0.25).
Keyboard function:
=
DPN
J
File name: hp 12c_user's guide_English_HDPMBF12E44
Printered Date: 2005/7/29
L = asset's useful life expectancy.
= starting book value.
= salvage value.
= declining-balance factor expressed as a percentage.
j = period number.
= depreciation expense during period j.
j
= remaining depreciable value at end of period j
j
= RDV – DPN where RDV
j–1 j
= remaining book value = RBV
j
Y = number of months in partial first year.
1
−
SBV SAL
for j = 1, 2, ..., L
L
−
Y
SBV SAL
⋅
1
L 12
−
SBV SAL
for j = 2, 3, ..., L
L
= RDV
L
+ +
( W )( 1 W 2 F )
=
2
F = fractional part of k.
− +
( L j ) 1
⋅ −
( SBV SAL )
SOYD
L
Appendix D: Formulas Used
= SBV – SAL
0
– DPN where RBV
j–1 j 0
Page: 189 of 209
Dimension: 14.8 cm x 21 cm
189
= SBV