Clothing - Men's - Boots

Item Age (Years)
Replacement Cost
$
.00
 
Clothing - Men's - Boots Depreciation Rate: 50.00% per year
Keywords: work boots, shoes, footwear, steel toe boots
DEPRECIATION FORMULA
ACV = RCV - (DPR * RCV * AGE)
EQUATION VARIABLES
ACV = Actual Cash Value (Depreciated Value)
AGE = Age of Item (Years)
RCV = Replacement Cash Value (Cost to Purchase Now)
DPR = Depreciation Rate (% per Year)