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CALC 1 Financial Depreciation Examples

This calculator focuses on financial depreciation calculations for straight line, sum of the years, declining balance and declining balance with crossover to straight line methods.

Example 1

Find the depreciation and remaining depreciable value for an asset that costs 20,000, is depreciated over 5 years and has a salvage value of 1,000. Use a 200% declining balance factor.

Clear.

STO keylife key

Enter 5

STO keylife key

Stores the life of the asset.

Enter 200

STO keydb fct key

Stores the life declining balance factor. This is only used for the declining balance calculations.

Enter 20,000

STO keycost key

Stores the cost of the asset.

Enter 1,000

STO keyslvg key

Stores the salvage value of the asset.

Enter 1, then tap

SL key

To display:

SL results

Enter 1, then tap

SOYD key

To display:

SOYD results

Enter 1, then tap

DB key

To display:

DB results

 

Enter 1, then tap

DB key

To display:

DB results

Example 2

Find the depreciation and remaining depreciable value for an asset that costs 20,000, is depreciated over 5 years and has a salvage value of 1,000. Use a 125% declining balance factor and a starting month of 3.5

Clear.

STO keylife key

Enter 5

STO keylife key

Stores the life of the asset.

Enter 125

STO keydb fct key

Stores the life declining balance factor. This is only used for the declining balance calculations.

Enter 20,000

STO keycost key

Stores the cost of the asset.

Enter 1,000

STO keyslvg key

Stores the salvage value of the asset.

Enter 3.5

STO keyslvg key

Stores the starting month.

Enter 1, then tap

SL key

To display:

SL results

Enter 2, then tap

SOYD key

To display:

SOYD results

Enter 3, then tap

DB key

To display:

DB results

 

Enter 3, then tap

DB key

To display:

DB results

Verify from history

Navigate to the History to view the calculation.

Below is page one of the history for this last calculation:

dbx history