Sharp EL738C EL-738 Operation Manual - Page 49

Depreciation Calculations

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Depreciation Calculations Using depreciation calculations, you can obtain depreciation base values using three types of calculation methods: the straight-line method, the sum-of-the-years' digits method, and the declining balance method. Variables used in depreciation calculations Variable Description Default value DB (I/Y)*1 Interest per year 0 LIFE (N) Years of depreciation 1 START MONTH Starting month 1 COST (PV) Cost of asset 0 SALVAGE (FV) Salvage value 0 YEAR Year for calculating depreciation value 1 DEPRECIATE Depreciation value of above year - RBV Remaining book value - RDV Remaining depreciation value - *1 DB (I/Y) appears only when you select DB (declining balance method) for the depreciation method. Setting the depreciation method • Select the depreciation method in the SET UP menu. It is initially set to SL. Key operation ~ 2 0 ~ 2 1 ~ 2 2 Description SL (Straight-line method) SYD (Sum-of-the-years' digits method) DB (Declining balance method) Basic operations Refer to page 19 for basic variable operations. 1. Press s to clear the display. • Make sure the calculator is in NORMAL mode. 48

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48
Depreciation Calculations
Using depreciation calculations, you can obtain depreciation
base values using three types of calculation methods: the
straight-line method, the sum-of-the-years’ digits method, and
the declining balance method.
Variables used in depreciation calculations
Variable
Description
Default value
DB (I/Y)
Interest per year
0
LIFE (N)
Years of depreciation
1
START MONTH
Starting month
1
COST (PV)
Cost of asset
0
SALVAGE (FV)
Salvage value
0
YEAR
Year for calculating depreciation value
1
DEPRECIATE
Depreciation value of above year
—
RBV
Remaining book value
—
RDV
Remaining depreciation value
—
DB (I/Y) appears only when you select DB (declining balance
method) for the depreciation method.
Setting the depreciation method
• Select the depreciation method in the SET UP menu. It is
initially set to SL.
Key operation
Description
~
2
0
SL (Straight-line method)
~
2
1
SYD (Sum-of-the-years’ digits method)
~
2
2
DB (Declining balance method)
Basic operations
Refer to page 19 for basic variable operations.
1.
Press
s
to clear the display.
• Make sure the calculator is in NORMAL mode.
*
1
*
1