Clothing - Men's - Uniforms

Item Age (Years)
Replacement Cost
$
.00
 
Notes: Use 50 % of replacement cost
Keywords: clothing, mens, clothes, attire, uniforms, work, pants, shirts, undershirt
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)