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Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...
If you need to count or calculate number of Leap Years between two dates in Excel or list of two dates in Excel, make use of this formula to get things done.
Calculating CAGR or Compound Annual Growth Rate in Microsoft Excel is super easy. You will have to use the RRI function to get the job done.
The average unit of production is calculated by dividing $300,000 by 200,000 units, and the result is $1.50 per unit. If the machinery produces 5,000 units in one year, its depreciation will equal ...