We have had quite a few appreciation threads. Since I have a background in accounting, I think it's about damned time we started a depreciation thread.
Okay. I'll start. Please jump in at any time.
What Does Depreciation Mean?
1. A method of allocating the cost of a tangible asset over its useful life. Businesses depreciate long-term assets for both tax and accounting purposes.
2. A decrease in an asset's value caused by unfavorable market conditions.
Quote from: The Burgomaster on May 10, 2011, 03:07:24 PM
We have had quite a few appreciation threads. Since I have a background in accounting, I think it's about damned time we started a depreciation thread.
Okay. I'll start. Please jump in at any time.
What Does Depreciation Mean?
1. A method of allocating the cost of a tangible asset over its useful life. Businesses depreciate long-term assets for both tax and accounting purposes.
2. A decrease in an asset's value caused by unfavorable market conditions.
Trick question. It's both.
I would like to Depreciate all of TLC's programming.
I would like to depreciate WHITNEY HOUSTON's recorded output, unless she overdoses suddenly, then she'll be hotter than a potato on planet Mercury.
http://www.youtube.com/watch?v=-nkbxFfsrqM
Orson Scott Card's Ender novels have suffered vast depreciation due to his continual returning to a well that has dried up.
I love Ender's Game, and Speaker for the Dead even more. His next two novels were not good, and the rest of the canon is an affront.
He went back to the "child genius" well for his short-lived run on Iron Man.
His near-crazed and hysteric rants against homosexuals since then have turned me against him, retroactively making his earlier great novels less savory. (He literally argued for armed insurrection of the American government for supporting gay marriage.)
Shame. I really love those first two books.
http://mises.org/media/955/Deflation-and-Liberty
Quote1. A method of allocating the cost of a tangible asset over its useful life. Businesses depreciate long-term assets for both tax and accounting purposes.
Uncanny timing, Burgo. We just started talking about this in my graduate economics class. I vaguely remember it from my undergrad program. Not my strongest subject. About the only part of it I grasp really well are the supply and demand curves.
Quote from: Flick James on May 12, 2011, 09:30:30 AM
economics class
Welcome to the fellowship of the miserable!
Quote from: The Burgomaster on May 12, 2011, 10:17:31 AM
Quote from: Flick James on May 12, 2011, 09:30:30 AM
economics class
Welcome to the fellowship of the miserable!
:cheers:
Actually, I've got a brilliant professor. He looks and talks like a class A nerd, but he really hits hard periodically with some good bits. Last night when covering supply and demand curves he plotted a curve and used heroin as his example to demonstrate price inelasticity.
Quote from: Mofo Rising on May 11, 2011, 01:58:58 AMHis near-crazed and hysteric rants against homosexuals since then have turned me against him, retroactively making his earlier great novels less savory. (He literally argued for armed insurrection of the American government for supporting gay marriage.)
This is why I try very hard not to learn anything about the people who make the entertainment I enjoy.
I'd like to depreciate poor air quality. It seems to be getting 20x worse every year.
Quote from: The Burgomaster on May 12, 2011, 10:17:31 AM
Quote from: Flick James on May 12, 2011, 09:30:30 AM
economics class
Welcome to the fellowship of the miserable!
I dunno. I like my economics teacher. Hate the subject though.
I'd like to depreciate the OUTBACK restaurant. They did not have A1 Steak Sauce and offered me ketchup instead. SACRILEGE! :hatred: