After testing in 10.10 RC, I can confirm that it is still not correctly calculating double-declining depreciation. The calculator's UI has changed, and something about the change has stopped it from presenting the error message; however, the calculation is still not performed correctly. As per my original post, there is no prompt for Salvage. Entering the other three values always calculates to a result of zero, which is obviously incorrect.
A google search turns up several good sources for information regarding calculating double-declining depreciation. A few examples: http://accountinginfo.com/study/dep/depreciation-01.htm http://www.ehow.com/how_5098205_calculate-double-declining-depreciation.html http://www.investopedia.com/articles/06/depreciation.asp http://en.wikipedia.org/wiki/Depreciation#Declining-balance_method_.28or_Reducing_balance_method.29 http://beginnersinvest.about.com/od/incomestatementanalysis/a/double-declining-balance-depreciation-method.htm Here is a web-based calculator that computes double-declining depreciation. You can see that it needs four input values to do it correctly. This one also prompts for a fifth value, months in a year. Obviously, it's fine for the calculator to assume 12 months, thus necessitating only four prompts. http://www.calculatorsoup.com/calculators/financial/depreciation-declining-double.php -- Double-Declining depreciation to enter missing box salvage value https://bugs.launchpad.net/bugs/474555 You received this bug notification because you are a member of Ubuntu Bugs, which is subscribed to Ubuntu. -- ubuntu-bugs mailing list ubuntu-bugs@lists.ubuntu.com https://lists.ubuntu.com/mailman/listinfo/ubuntu-bugs
