# Straight Line Depreciation Calculator

Depreciation is an accounting method used to record the expected decrease or diminution in the value of an asset due to general usage, wear and tear and obsolescence over a period of years.

In the Straight Line Depreciation method, the value of the asset is depreciated in a uniform manner over the lifespan of the asset. It is calculated using the following formula :

Annual Straight Line Depreciation = ( Value of the asset – Salvage value ) / Life of the asset in Years

### Inventory Turnover Ratio – CalculatorInventory Turnover Ratio – Calculator

The formula for calculating Inventory Turnover ratio is = Cost of goods sold / Average Inventory where Average Inventory is = ( Beginning Inventory + Ending Inventory ) / 2

### Present value of annuity CalculatorPresent value of annuity Calculator

The present value of annuity is calculated using the following formula : PV = A * [ ( 1 – ( 1 / ( 1 + r ) n ))

### Blog 3Blog 3

Lorem ipsum dolor sit amet consectetur adipiscing elit, sed do eiusmod.