Composite depreciation

Composite depreciation

Method of depreciation where a single average depreciation rate is applied to a group of dissimilar assets with different service lives. See also Group depreciation.
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In its 2012 Form 10-K, the Company announced plans to move off the composite depreciation method of accounting beginning in 2013.
The matrix is insufficient for conveying stresses to filaments, which aren't being bound up between each other with the matrix, and that is the reason for the composite depreciation.
Background The present law composite depreciation life of 27.
PeopleSoft Asset Management: Incorporates several accounting features required by the utilities industry, including mass assets, composite depreciation processing, and gain/loss calculation.
6 million in additional annual depreciation expense) and approves new composite depreciation rates based on a recently completed depreciation study ($12.
The combination of: (1) the existing capital gains taxes; (2) a depreciation recapture rate of 25 percent; and (3) a composite depreciation life of 27.