Difference between revisions of "Manuals/calci/SLN"
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− | =SLN( | + | <div style="font-size:30px">'''SLN (Cost,SalvageValue,LifeValue)'''</div><br/> |
Where | Where | ||
− | *<math> | + | *<math>Cost</math> is the initial cost of an asset, |
− | *<math> | + | *<math>SalvageValue</math> is the value at the end of depreciation, and |
− | *<math> | + | *<math>LifeValue</math> is the life of an asset that indicates the number of periods over which the asset is being depreciated. |
− | SLN() | + | SLN(), returns the straight-line depreciation of an asset for one period. |
== Description == | == Description == | ||
− | SLN( | + | SLN (Cost,SalvageValue,LifeValue) |
*Depreciation is the decrease in value of an asset. | *Depreciation is the decrease in value of an asset. | ||
− | *If <math> | + | *If <math>LifeValue</math> is <=0, Calci displays #N/A error message. |
− | *If ' | + | *If 'Cost' is the cost of fixed asset, 'SalvageValue' is the residual value and 'LifeValue' is the life of an asset in years, then Depreciation using Straight-line method is calculated as - |
<math>Annual Depreciation Expense = \frac{C - Salvage}{L}</math> | <math>Annual Depreciation Expense = \frac{C - Salvage}{L}</math> |
Revision as of 16:52, 30 July 2018
SLN (Cost,SalvageValue,LifeValue)
Where
- is the initial cost of an asset,
- is the value at the end of depreciation, and
- is the life of an asset that indicates the number of periods over which the asset is being depreciated.
SLN(), returns the straight-line depreciation of an asset for one period.
Description
SLN (Cost,SalvageValue,LifeValue)
- Depreciation is the decrease in value of an asset.
- If is <=0, Calci displays #N/A error message.
- If 'Cost' is the cost of fixed asset, 'SalvageValue' is the residual value and 'LifeValue' is the life of an asset in years, then Depreciation using Straight-line method is calculated as -
Examples
Consider the following example that shows the use of SLN function:
45,000 | ||
11,000 | ||
12 | ||
=SLN(A1,A2,A3) : Calculates the depreciation for values in the range A1 to A3.
Displays 2833.3333333333335 as a result. =SLN(20000,1000,10.5) : Displays 1809.5238095238096 as a result.
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See Also
References