The first full manifestation of modern nationalism occurred in 17th-century England, in the Puritan revolution. England had become the leading nation in scientific spirit, in commercial enterprise, in political thought and activity.
Step 1. Determine the original cost of the asset and its useful life. The original cost of the asset is the price you paid for it and the useful life of the asset is the number of years that it will be able to create value for you or the organization. Step 2. Calculate depreciation using the straight line method.This is the easiest, and therefore most common, depreciation methodology.he original cost of the asset is the price you paid for it and the useful life of the asset is the number of years that it will be able to create value for you or the organization. Step 2. Calculate depreciation using the straight line method. This is the easiest, and therefore most common, depreciation methodology.
Assets represent something of value a company owns that can be converted to cash. The total asset turnover ratio uses average total assets in the calculation. You calculate average total assets by adding beginning total assets for a period to ending total assets for a period and dividing the resulting sum by two.ssets represent something of value a company owns that can be converted to cash. The total asset turnover ratio uses average total assets in the calculation. You calculate average total assets by adding beginning total assets for a period to ending total assets for a period and dividing the resulting sum by two.