This calculator is used to calculate depreciation by straight line method. In this method depreciation expense is calculated by spreading the cost of the fixedasset evenly over the life of that asset.
Calculator of Asset Depreciation – straight Line Method
Formula of Asset Depreciation
Depreciation for any period = (Initial cost of asset-Salvage value)/Useful Years
Thus the depreciation of any asset can be calculated by using this free online straight line method calculator.