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Calculates the Cost of Depreciation Based on List of Assets (For a Renter)

Depreciation_2.Rd

This function calculates the estimated cost of the annual depreciation of assets for grocery stores (specifically for scenario 2 in which the building is rented, not owned).

Usage

Depreciation_2(
  Leasehold_Improvements,
  Leasehold_Improvements_Use_Life,
  Shelving_Check_Out_Counters,
  Computer_Equipment_POS,
  Vehicles,
  Display_Cases,
  Refrigeration,
  Freezers,
  Meat_Cutting_Equipment,
  Miscellaneous_Assets_1,
  Miscellaneous_Assets_1_Use_Life,
  Miscellaneous_Assets_2,
  Miscellaneous_Assets_2_Use_Life,
  Miscellaneous_Assets_3,
  Miscellaneous_Assets_3_Use_Life
)

Arguments

Leasehold_Improvements

Cost of various leasehold improvements.

Leasehold_Improvements_Use_Life

Use life of lease or lease term.

Shelving_Check_Out_Counters

Cost of Shelving/Check Out Counters.

Computer_Equipment_POS

Cost of Computer System/POS.

Vehicles

Cost of Vehicles.

Display_Cases

Cost of Display cases.

Refrigeration

Cost of Refrigeration.

Freezers

Cost of Freezers.

Meat_Cutting_Equipment

Cost of Meat-cutting Equipment.

Miscellaneous_Assets_1

(Optional) Cost of Miscellaneous Asset (1)

Miscellaneous_Assets_1_Use_Life

(Optional) Use Life of Miscellaneous Asset (1)

Miscellaneous_Assets_2

(Optional) Cost of Miscellaneous Asset (2)

Miscellaneous_Assets_2_Use_Life

(Optional) Use Life of Miscellaneous Asset (2)

Miscellaneous_Assets_3

(Optional) Cost of Miscellaneous Asset (3)

Miscellaneous_Assets_3_Use_Life

(Optional) Use life of Miscellaneous Asset (3)

Value

The output returns the estimated dollar amount lost annually to asset depreciation for a hypothetical grocery store.

Details

This function is based upon calculations originally formulated by FFED ISU Extension and Outreach. The values of the various assets are divided by their use life to get the annual loss from depreciation for each asset. These values are added up to get the total annual loss from asset depreciation/amortization. Users can enter in up to 3 miscellaneous assets and each of their corresponding use-lives.

Author

Aaron Null

Examples

Depreciation_1(
  Building_Remodeling = 900000,
  Parking_Lot_Improvements = 50000,
  Shelving_Check_Out_Counters = 60000,
  Computer_Equipment_POS = 15000,
  Vehicles = 12000,
  Display_Cases = 15000,
  Refrigeration = 20000,
  Freezers = 20000,
  Meat_Cutting_Equipment = 10000,
  Miscellaneous_Assets_1 = 10000,
  Miscellaneous_Assets_1_Use_Life = 10,
  Miscellaneous_Assets_2 = 10000,
  Miscellaneous_Assets_2_Use_Life = 10,
  Miscellaneous_Assets_3 = 10000,
  Miscellaneous_Assets_3_Use_Life = 10)
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