What is linear depreciation?

Answer by  sm (34)

a mathematical formula that calculates the value of an asset as it is used throughout its working lifespan. Determining the value of hard assets such as trucks, buildings, and equipment in correlation to their purchase price and time of use will yield their depreciation value. Thus linear depreciation is simply a set value that an asset loses each year.

Answer by  richmiller3214 (138)

Linear depreciation is a method of expensing fixed assets over a pre-determined period of time. The period time is equally distributed as an expense until the book value is $0.

Answer by  Gabriel (2146)

Linear depreciation, also straight line depreciation, is how a company measures how much expense to charge against an asset annually. The amount is the same each year.