Straight-Line Depreciation: Method, Formula & Example


Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The following formula depicts which form of depreciation?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 75,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime.
Already registered? Log in here for access

1. At the end of the ten-year usable life period of the Suds-o-Matic, Jason expects to sell the machine for $25,000. What is this value called?

2. Jason deducts $47,500 each year from the value of his equipment. What does this value indicate?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Use these study resources to determine what you know about straight-line depreciation. The quiz will get you to answer things on a formula which depicts a certain form of depreciation and analyzing value.

Quiz & Worksheet Goals

This quiz and worksheet will get you to:

  • Assess an indicated value in a given scenario
  • Identify an annual depreciation expense
  • Name an asset with long-term use that depreciates annually

Skills Practiced

Use the worksheet and quiz to practice the following skills:

  • Interpreting information - verify that you can read information regarding an asset with long-term use that depreciates annually and interpret it correctly
  • Information recall - access the knowledge you've gained regarding depreciation
  • Knowledge application - use your knowledge to answer questions about straight-line depreciation

Additional Learning

Read more about straight-line depreciation with this lesson called Straight-Line Depreciation: Method, Formula & Example as it covers the following:

  • Define depreciation
  • Identify annual depreciation value
  • Analyze the example of the Suds-o-Matic 5000