Personal Items - Cosmetics

Item Age (Years)
Replacement Cost
$
.00
 
Notes: Use 90 % of replacement cost
Keywords: personal, items, cosmetics, lipstick, eye, liner, blush, foundation, revlon, cover, girl
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)