Section 13

Investment Analysis

Partial-Year Depreciation

For both income tax purposes and financial analyses, it is valuable to calculate depreciation based on a calendar or fiscal accounting year. When the acquisition date of an asset does not coincide with the start of the year — which is the rule rather than the exception — the amounts of depreciation in the first and last years are computed as fractions of a full year’s depreciation.

Straight-Line Depreciation

The following hp 12c platinum program calculates the straight-line depreciation for the year desired with the acquisition date occurring at any time during the year.

KEYSTROKESDISPLAY

 

(RPN mode)

 

 

 

 

 

 

 

 

fs

 

 

 

 

 

 

 

fCLEARÎ

000,

 

 

1

001,

 

1

2

002,

 

2

z

003,

 

10

?1

004,

44

1

~

005,

 

34

?2

006,

44

2

1

007,

 

1

-

008,

 

30

?0

009,

44

0

1

010,

 

1

fV

011,

42

23

KEYSTROKES

DISPLAY

 

(ALG mode)

 

 

 

 

 

 

 

 

fs

 

 

 

 

 

 

 

fCLEARÎ

000,

 

 

z

001,

 

10

1

002,

 

1

2

003,

 

2

³

004,

 

36

?1

005,

44

1

~

006,

 

34

?2

007,

44

2

-

008,

 

30

1

009,

 

1

³

010,

 

36

?0

011,

44

0

 

171

File name: hp 12c pt_user's guide_English_HDPMF123E27

Page: 171 of 275

Printed Date: 2005/8/1

Dimension: 14.8 cm x 21 cm