how to find the rate of depreciation under WDV by using the formula?
Rate of Depreciation = 1 - n √(Residual Value/Historical Cost)
for example:
(1- 8 ^(280000 / 758954)
help me in calculation????
Shammi Narang
(Employee)
(35 Points)
Replied 14 May 2011
Could be as following
(Previous WDV - WDV)/Previous WDV X 100
Shammi Narang
(Employee)
(35 Points)
Replied 14 May 2011
Could be as following if I am getting your question right
(Previous WDV - WDV)/Previous WDV X 100