The various methods used to calculate depreciation include straight line, declining balance, sum-of-the-years' digits, and units of production, as explained below. Tracking the depreciation ...

For even more complex situations, a company could elect to use even more involved accounting methods like the hours-of-service depreciation method or the unit-of-production method. For this ...

The residual value should not be more than five per cent of the original cost of the asset. A company may adopt a depreciation rate, useful life or residual value which is different from the amount ...

Pre-tax losses at the main Irish unit of eye care product firm Bausch + Lomb increased by 4.5% to $959.7m (€925m) in 2023.

TipRanks' analyst ranking service underscores three stocks favored by the Street's top pros, including Uber Technologies and ...

Gross exports of cut & polished diamonds in November 2024 amounted to $666 million – a decline of 39.8% in comparison to the ...

As many as six new plants, and a seventh in the pipeline, have been commissioned at a cost of over Rs 60,000 crore since 2019 ...

To meet the demand, the company has announced a 30 per cent increase in production capacity at its Chakan facility, raising its annual output to 2.55 lakh units. This expansion is part of its Rs ...

Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...

The applicability, rate and concept of depreciation vary between Companies Act and Income Tax Act in India. Under the Income Tax Act, an assessee has to fulfill the following conditions to claim ...

Nigeria’s Federal Government has partnered with AGCOMS International Trading Limited, a sub-dealer of John Deere, to transform the nation’s agricultural landscape. Under a $70 million agreement, 2,000 ...

Homegrown automaker Maruti Suzuki India Limited, on Monday, announced that its Dzire sedan has reached a remarkable milestone, surpassing 3 million units in cumulative production. According to Maruti ...