# Straight-Line Depreciation: Method, Formula & Example

Instructions:

question 1 of 3

### The following formula depicts which form of depreciation?

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

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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