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=+R2*$M$13/100*S2/366


Respected Sir,
Please guide me and oblige.

=+R2*$M$13/100*S2/366

Whether the above formula is applicable while working depreciation in days ?
R : Stands for what
M: Stands for what
S: Stands for what



Information is incomplete. Looks like a formula from excel worksheet. R could be cost/WDV of asset; S could be no. of days the asset is put to use; M could be rate of depreciation (not sure).



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