Depreciation is the process of reducing the value of a fixed asset. Depreciation expense is determined by the cost of the asset, the useful life, projected salvage value and the method of depreciation used. A haul truck for a mining company, for example, may have a purchase price of $1 million.
Leeds and the Thousand Islands. (Redirected from Rockport, Ontario) Leeds and the Thousand Islands is a township in the Canadian province of Ontario, located within the United Counties of Leeds and Grenville. The township is located along the St. Lawrence River, and extends north into rural hamlets and villages.
View from beside & behind the Horseshoe Falls. The Horseshoe Falls, also known as the Canadian Falls, as most of it lies in Canada, is part of Niagara Falls, on the Niagara River. Approximately 90% of the Niagara River, after diversions for hydropower generation, flows over Horseshoe Falls. The remaining 10% flows over the American Falls. It is located between Terrapin Point on Goat Island in the US state of New York, and Table Rock on the Ontario side of the falls.