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ANALYSIS OF DEPRECIATION METHODS FOR SUPERHERO EMPORIUM Based on your calculations, which method of depreciation would you recommend? Explain your ideas. STRAIGHT LINE METHOD Year
ANALYSIS OF DEPRECIATION METHODS FOR SUPERHERO EMPORIUM
Based on your calculations, which method of depreciation would you recommend? Explain your ideas.
STRAIGHT LINE METHOD Year Depreciation Expense (THINK 0.5 MARK EACH YEAR) Accumulated Amt. (THINK 0.5 MARK EACH YEAR) 2016 5,812.50 5,812.50 2017 7,750.00 13,562.50 2018 7,750.00 21,312.50 Double Declining Balance Method Depreciation Accumulated Amt. Rate Expense (THINK 0.5 MARK (THINK 0.5 MARK EACH YEAR) EACH YEAR) Year Beginning NBV Ending NBV (THINK 0.5 MARK EACH YEAR) 12,187.50 12,187.50 52,812.50 65,000.00 2016 25% 25,390.63 2017 39,609.37 52,812.50 13,203.13 25% 35,292.97 29,707.03 2018 25% 39,609.37 9,902.34 TStep by Step Solution
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