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1. * Could you please explain this Straight-line rate based on what information you get 20% to calculate??? 2. * Could you please explain this
1.
* Could you please explain this Straight-line rate based on what information you get 20% to calculate???
2.
* Could you please explain this Straight-line rate based on what information you get 12.5% to calculate???
For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for straight-line and DDB for double-declining-balance. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Asset A : Straight-line rate is 20%(15 years )2=40% DDB rate 0.40$45,000=$112,500= Book value at the beginning of year 2 Cost(Cost40%)=$112,5000.60Cost=$112,500Cost=$187,500 \begin{tabular}{|c|c|c|c|c|c|} \hline E & 216,000 & 36,000 & 8 & DDB & 40,500 \\ \hline \end{tabular} Asset E: Straight-line rate is 12.5%(18 years )2=25% rate Year 1$216,00025.00%=$54,000 Year 2($216,00054,000)25.00%=$40,500Step by Step Solution
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