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[pre-commit.ci] auto fixes from pre-commit.com hooks
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financial/depreciation.py

Lines changed: 16 additions & 15 deletions
Original file line numberDiff line numberDiff line change
@@ -89,9 +89,12 @@ def straight_line_depreciation(
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return list_of_depreciation_expenses
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92-
def declining_balance_depreciation(useful_years: int,
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def declining_balance_depreciation(
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useful_years: int,
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purchase_value: float,
94-
residual_value: float = 0.0,):
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residual_value: float = 0.0,
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):
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"""
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Calculate the depreciation expenses over the given period using the declining balance method
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:param useful_years: Number of years the asset will be used
@@ -134,16 +137,19 @@ def declining_balance_depreciation(useful_years: int,
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list_of_depreciation_expenses = []
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137-
for i in range(1, useful_years+1):
140+
for i in range(1, useful_years + 1):
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new_book_value = book_value * (1 - depreciation_rate)
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list_of_depreciation_expenses.append(round(book_value - new_book_value, 2))
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book_value = new_book_value
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return list_of_depreciation_expenses
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144-
def sum_of_years_digits_depreciation(useful_years: int,
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def sum_of_years_digits_depreciation(
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useful_years: int,
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purchase_value: float,
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residual_value: float = 0.0,):
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residual_value: float = 0.0,
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):
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"""
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Calculate the depreciation expenses over the given period using the sum of years' digits method
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:param useful_years: Number of years the asset will be used
@@ -185,20 +191,15 @@ def sum_of_years_digits_depreciation(useful_years: int,
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list_of_depreciation_expenses = []
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188-
for i in range(1, useful_years+1):
189-
depreciation_value = (useful_years - (i - 1)) / digits_sum * (purchase_value - residual_value)
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for i in range(1, useful_years + 1):
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depreciation_value = (
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(useful_years - (i - 1)) / digits_sum * (purchase_value - residual_value)
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)
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list_of_depreciation_expenses.append(round(depreciation_value, 2))
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192-
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return list_of_depreciation_expenses
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if __name__ == "__main__":
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import doctest
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