ABSTRACT
Of the nine articles reprinted in this volume originally published in 1984, those by Ladelle, Hotelling and Anton are recognized as being the classic articles on the depreciation of a single ‘machine’. Each of these articles was published in a journal that is often not accessible and reprinted here has brought them together in one place. For many years accountants have dealt with depreciation and capital maintenance as a static problem. This volume recognizes its dynamic aspects.
TABLE OF CONTENTS
part |48 pages
Theory of Depreciation: Single Machine
part |25 pages
Theory of Depreciation: Composite Plant
part |23 pages
Depreciation Multiplier
part |39 pages
Depreciation and Capital Maintenance: Hicks's Views