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.
The formula for total asset turnover is: Net sales / Total assets = Total asset turnover. For example, a business that has net sales of $10,000,000 and total assets of $5,000,000 has a total asset turnover ratio of 2.0. It is best to plot the ratio on a trend line, to spot significant changes over time.