标题： 折旧与货币的时间价值 显示英文标题

标题： Depreciation and the Time Value of Money

摘要： 一般接受的折旧方法不计算资产的内在价值，因为它们没有考虑货币的时间价值，这是金融理论中的一个关键原则。 这具有不利之处，因为了解资产的内在价值有助于做出有效的购买和销售决策。 通过将货币时间价值原则应用于折旧和账面估值，可以制定方法来近似可折旧资产的内在估值，这提高了资产买卖双方做出理性决策的能力。 在其中制定了一种折旧方法，旨在更好地使账面价值与内在价值相匹配。 虽然这种方法做出了许多假设，因此存在局限性，但可以使用类似的方法创建更复杂的公式，以考虑更多的变量，从而对内在价值产生更好的近似。 显示英文摘要

摘要： Generally accepted depreciation methods do not compute the intrinsic value of an asset, as they do not factor for the Time Value of Money, a key principle within financial theory. This is disadvantageous, as knowing the intrinsic value of an asset can assist with making effective purchase and sale decisions. By applying the Time Value of Money principle to deprecation and book valuation, methods can be formulated to approximate the intrinsic valuation of a depreciable asset, which improves the capacity for buyers and sellers of assets to make rational decisions. A deprecation method is formulated within, which aims to better match book value with intrinsic value. While this method makes many assumptions and thus has limitations, more complex formulas, which factor for a greater number of variables, can be created using a similar approach, to produce better approximations for intrinsic value.