SLN

Name

SLN —
SLN(cost,salvage value,life)

Description

Calculates the straight line depriciation for anasset based on its cost, salvage value and anticipated life.

Formula for straight line depriciation is:

Depriciation expense = ( cost - salvage value ) / life

cost = cost of an asset when acquired (market value) salvage_value = amount you get when asset sold at the end of life life = anticipated life of an asset@SEEALSO=SYD