The total depreciation recorded over the life of an asset.
Add each year's depreciation amount.
It is a variation of the Quick ratio
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| ACCUMULATED DEPRECIATION | |||||||||
| Definition | |||||||||
The total depreciation recorded over the life of an asset. | |||||||||
| Calculation Rules | |||||||||
Add each year's depreciation amount. | |||||||||
| Comment | |||||||||
It is a variation of the Quick ratio | |||||||||
| Reference | |||||||||
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