Author: mundliya

Quick Answer: Net worth is the total value of everything you own minus everything you owe. It shows how much money you would have left if you sold all assets and paid every loan. It…

Quick Answer: The net worth formula is Net Worth = Total Assets - Total Liabilities. Add the current value of everything you own, subtract all loans and dues, and the balance is your net worth…

Quick Answer: To calculate net worth, add up everything you own (savings, EPF, PPF, mutual funds, gold, property) at today value, then subtract everything you owe (home loan, car loan, credit card dues). The result…

Quick Answer: Depreciation spreads an asset cost over its life. A Rs 2,40,000 oven with Rs 12,000 scrap and 10-year life loses Rs 22,800 a year under straight-line. A Rs 55,000 laptop in the 40%…

Quick Answer: A depreciation calculator takes asset cost, salvage value, useful life and method, then gives the yearly charge and closing book value. For three laptops costing Rs 1,95,000, the 40% tax WDV charge is…

Quick Answer: Depreciation is the way a business spreads the cost of a long-lasting asset, like a freezer, laptop or van, over the years it is used. It is a non-cash expense that lowers reported…

Quick Answer: Straight-line depreciation is (Cost - Residual value) / Life. Written-down value is Opening book value x Rate. Units of production is (Cost - Residual) / Total units x Units used. For example, a…

Quick Answer: To calculate depreciation, find the asset cost, set its useful life and scrap value, pick a method (straight-line or written-down value), then apply the rate each year. A Rs 60,000 freezer with Rs…

Quick Answer: Payback period examples show how long it takes to get your money back. A Rs 45,000 shop freezer that adds Rs 3,750 profit a month pays back in 12 months. A Rs 1,50,000…

Quick Answer: A payback period calculator tells you how long it takes to recover an investment. Enter your upfront cost and the net cash you expect to earn each period, and it shows the recovery…