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.
Toronto to Niagara Falls. Toronto is not only the capital city of the Province of Ontario but it is the cultural, entertainment and financial capital of Canada. Located in Southern Ontario on the northwestern shore of Lake Ontario, Toronto is home to more than 2.7 million people. Toronto is a major scene for theatre and the performing arts, home to the National Ballet of Canada, the Canadian Opera Company and the Toronto Symphony Orchestra.