FRA- DDB using calculator

dharde9
Good Student
Posts: 12
Joined: Fri Aug 21, 2015 4:46 am

FRA- DDB using calculator

Postby dharde9 » Mon Sep 14, 2015 4:55 pm

Can we calculate useful life if we are given rest of the information using depreciation function on calculator for Double declining balance method

edupristine
Finance Junkie
Posts: 722
Joined: Wed Apr 09, 2014 6:28 am

Re: FRA- DDB using calculator

Postby edupristine » Tue Sep 15, 2015 6:08 am

Please post the specific question in which you are facing the problem. So that we can help you out with the complete solution.

dharde9
Good Student
Posts: 12
Joined: Fri Aug 21, 2015 4:46 am

Re: FRA- DDB using calculator

Postby dharde9 » Tue Sep 15, 2015 7:35 am

On January 1, 2007, Sneed Corporation purchased machinery costing $8 million with a salvage value of $1 million. For the year
ended 2007, Sneed recognized depreciation expense of $3.2 million from the machinery using the double-declining-balance
method. Should the depreciation expense be reported as an operating component in the income statement, and what is the
estimated useful life of the machinery?
Can we use depreciation function on Texas calculator to find the estimated useful life of the machine?

edupristine
Finance Junkie
Posts: 722
Joined: Wed Apr 09, 2014 6:28 am

Re: FRA- DDB using calculator

Postby edupristine » Tue Sep 15, 2015 12:22 pm

1. https://www.youtube.com/watch?v=AVLpbIpoS8s
2. http://www.google.com/url?q=http%3A%2F% ... dzOgO2UagA

These 2 link addresses will help you to calculate depreciation with Texas Instruments.


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